#humafinance , symbolized by the HUMA coin, is a decentralized protocol focused on providing access to credit using income and receivables as collateral. It operates on the principle of income-based collateralization, allowing users to secure loans based on their future income streams, rather than just crypto holdings. The HUMA token is the native utility and governance token of the Huma Finance ecosystem.
@Huma Finance 🟣 is pioneering the PayFi (Payment Finance) model, which aims to bridge the gap between real-world financial activity and decentralized finance (DeFi).
The HUMA token is used for various purposes within the Huma Finance ecosystem, including:
Governance: Token holders can participate in the decision-making processes of the protocol.
Protocol Operations: It facilitates various functions like programmable payments, real-time liquidity management, and on-chain underwriting.
