Having played with DeFi for so long, to be honest, I have gotten used to various collateral lending methods, but Huma Finance's no-collateral model really impressed me.

I always feel that traditional collateralization is like putting a shackle on funds — without enough collateral, no matter how good the opportunity is, I can only watch it slip away. But Huma's approach of evaluating credit using on-chain data is equivalent to turning "character" into a passport, which is quite a clever move. For us ordinary users, there is no need to gather collateral first for borrowing; the process has been simplified significantly, and with the lowered barriers, we can truly talk about "inclusive finance."

However, speaking of which, the no-collateral model definitely has higher requirements for risk control. I hope the team can put more effort into data model iteration and compliance, after all, balancing safety and innovation is the only way for this model to go further. I am optimistic that it can bring new vitality to Decentralized Finance.

@humafinance #HumaFinance