#HumaFinnance ๐ What is Huma Finance?
Huma Finance is a decentralized financing (DeFi) platform that focuses on income-backed loans instead of traditional collateral such as 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 financing model in DeFi built on reputation and income.
๐ Supported by strong networks like Chainlink, Circle, and Visa.
๐ผ Focuses on empowering workers in the digital economy (such as freelancers and creators).
๐ Helps provide financial solutions for those who do not have traditional assets.
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๐ง How does it work?
1. The user links 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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