@Huma Finance 🟣 #HumaFinane
Huma Finance ($HUMA): Your Income Now Is Your Collateral
In the world of cryptocurrency, we have seen lending protocols, staking applications, and stablecoins. But one thing has remained unchanged for many years: you often need to deposit cryptocurrency as collateral to borrow money.
What if you could borrow money based solely on your income?
That is exactly what @Huma Finance 🟣 is making possible with a new idea called PayFi – a combination of Payments and Finance.
What is Huma Finance?
Huma Finance is a Web3 protocol launched in 2022 aimed at helping individuals and businesses borrow money by using their income or receivables instead of having to lock up cryptocurrency.