@Huma Finance 🟣
Huma token types refer to the different digital assets used within the Huma Finance ecosystem, a decentralized finance (DeFi) protocol. The primary token is $HUMA, a governance token allowing holders to vote on protocol changes and improvements. Additionally, the platform may support collateral tokens, which are assets users deposit to secure loans, and reward tokens, distributed as incentives for participation. These tokens follow standard formats like ERC-20 on Ethereum. Huma also explores tokenizing income or real-world assets, creating utility tokens for access to services. Each token type serves a unique role in maintaining the system’s security and functionality.
