Huma Finance (I) Dreams and Pain Points: Have you ever encountered such a dilemma?
- As a freelancer, you completed a large project, but the client won't pay until next month.
- As a small business owner, you have a stable income every month, but you need some funds for a temporary cash flow.
- Even as an ordinary employee, you need to pay rent soon, but your salary won’t be paid until the end of the month.
In the traditional financial world, our predictable future income can hardly be used as collateral. When faced with an urgent need for money, one can only resort to high-interest credit cards or online loans.
But what if your “future salary” itself could be a type of collateralized asset?
This is exactly the revolutionary idea that Huma Finance @Huma Finance 🟣 is realizing. It is a decentralized financial protocol that allows you to package your future income streams into “assets” and obtain instant loans on-chain.
Huma is a bridge connecting your future income with your present self.
