Huma Finance is a decentralized finance (DeFi) protocol that enables income-backed financial services. It allows users to access loans and other financial products by leveraging their real-world income streams, such as salaries, invoices, or freelance payments. Unlike traditional lending systems that require fixed collateral like crypto or assets, Huma uses verified income data as collateral.
The protocol is designed to bridge Web2 income systems with Web3 finance. Through partnerships with platforms like Circle and Request Finance, Huma allows users to borrow funds based on their incoming payments. This helps freelancers, gig workers, and small businesses get early access to funds without waiting for payments to arrive.
Lenders earn yield by providing liquidity to the protocol, while borrowers benefit from fast, transparent, and accessible credit. Huma Finance aims to unlock financial freedom by transforming income into on-chain collateral, making DeFi more inclusive and practical for everyday earners.@Huma Finance 🟣 #HumaFinance