I did some financial management with HUMA. Currently, HUMA has a circulating market cap of over 50 million, a total market cap of over 300 million, and a circulating supply ratio of 17%, which means there are still plenty of tokens allocated for future stakers. A few months ago, I saw HUMA and initially planned to stake, but later I got worried about the risks and didn't go through with it, missing out on airdrop gains. This time, I’ll invest 50,000 USDT to see the actual effect. If the second phase of the airdrop yields good returns, I’ll add more.
The main risk with HUMA is that its business model is RWA debt, simply put, it’s about borrowing money and earning interest. Therefore, it’s not purely on-chain financial management, which raises concerns for pure blockchain enthusiasts, as the human factors involved are hard to assess, and that's why I don't dare to invest too much.
Currently, the staked amount in HUMA is 80 million US dollars, which is not particularly high. Based on estimates, the maximum APY currently is 20-30%, higher than other DeFi protocols, but the corresponding risk is slightly higher as well, making it an optional financial management choice.
In practice, you need to transfer USDC to the SOLANA chain and stake on the HUMA official website. If the amount is substantial, you can open a small account, first stake 1,000 USDT, then invite your main account. If the amount isn’t large, you can also use my XWSc77 directly. After stablecoins and RWA rise, there should be more staking projects emerging. Everyone can earn USDT, sell at a high point, and do these projects, which can yield profits and help with profit-taking.
