#HUMAFINANNCE ๐ What is Huma Finance?
Huma Finance is a decentralized finance (DeFi) platform that focuses on income-backed loans instead of traditional collateral like currencies or digital assets.
This means that users can obtain financing based on their future cash flows such as salaries, revenues, or profits from digital projects.
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โ Features:
๐ A new funding model in DeFi based on reputation and income.
๐ Support from strong networks like Chainlink, Circle, and Visa.
๐ผ Focused on empowering workers in the digital economy (such as freelancers and creators).
๐ Helps provide financial solutions for those without traditional assets.
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๐ง How does it work?
1. The user connects their digital income or financial records to the platform.
2. Huma analyzes the data and determines eligibility.
3. The user receives a loan with terms based on their expected income.
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