#CreatorPad Huma Finance, also known as HUMA, is a decentralized protocol focused on income-backed lending and payment financing solutions. It aims to connect businesses and individuals with global investors through on-chain transactions, using real-world assets (RWAs) to tokenize future income streams.
Here's a breakdown of key details:
Purpose:
Huma Finance aims to bridge the gap between traditional finance and blockchain technology by offering instant liquidity and transparent transactions for income-backed loans.
It provides businesses and individuals with access to global capital based on projected income rather than traditional collateral.
Token Utility:
HUMA: is the utility and governance token of the Huma Finance protocol.
It is used for protocol operations, governance participation, and enables features like programmable payments, real-time liquidity, and on-chain underwriting.
Key Features:
Income-backed lending: Borrowers can secure credit based on their future income or receivables.
Real-world asset tokenization: RWAs are tokenized to provide liquidity and enable on-chain transactions.
Decentralized: The protocol operates on a decentralized infrastructure, facilitating faster and more efficient payment financing solutions.
Global access: Connects borrowers with global investors, enabling cross-border financial operations.