The Huma Finance project is actually quite interesting. To put it simply, it makes borrowing, saving, and earning interest on the blockchain more convenient. I personally think it eliminates the need for a bunch of complicated procedures like traditional banks, relying on smart contracts to operate automatically, which saves on middlemen and reduces costs.
We can collateralize our cryptocurrency to exchange for cash, or put unused coins into liquidity pools to earn returns; the operations are flexible, and the thresholds are not high, making it quite suitable for ordinary people to give it a try. Moreover, it emphasizes security and community decision-making. Holders of the coins can vote to determine the future development of the project, which feels more reliable...
Projects like Huma Finance may become important tools in the industry in the future, so if you're interested, it's worth keeping an eye on @Huma Finance 🟣 #Humafinace