📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
In the development of Decentralized Finance (DeFi), we have witnessed the rise and fall of many innovative models. However, Huma is paving a new path by introducing the concept of credit from TradFi into the Blockchain world, injecting new vitality into the DeFi ecosystem.
Huma's core philosophy is to replace collateral with credit, converting stable incomes such as salaries into valuable assets. This innovative approach significantly lowers the barriers to entry and increases financial efficiency. By collaborating with wage protocols like Superfluid, Huma enables ordinary users to utilize their on-chain income as loan collateral without the need to pledge other assets.
To meet the needs of different user groups, Huma offers two main product lines. For institutional users, Huma provides a complete KYC process and efficient financing channels. For individual users, the Huma 2.0 version adopts a permissionless model, allowing more people to participate.
Unlike many DeFi projects that rely on speculation, Huma's revenue comes from actual payment network transaction fees. This model ensures the stability and sustainability of earnings. Additionally, Huma has launched on-chain strategy tokens (PST), providing users with more flexibility and earning opportunities.
Huma's economic model also shows potential for long-term development. By using 50% of the borrowing interest for the repurchase and destruction of $HUMA tokens, Huma is expected to gradually reduce the total supply of tokens, which may provide long-term support for the token's value.
Overall, Huma is successfully transplanting the concept of credit from the real world into the Blockchain space, providing users with financial services that are more aligned with actual needs. This approach not only lowers the barriers to entry but also offers new ideas for the long-term development of the DeFi ecosystem. As more users recognize the importance of credit in the digital economy, Huma is expected to become a leader in the new wave of innovation in the DeFi field.