The indigenous token of Huma Finance, HUMA, has deposited 45%and has won away after the launch, although Token continues to attract the trade volume of more than $ 600 million.
Huma Finance (HUMA) erased his winning after the launch, in which he has fallen 45% over the past 24 hours and is currently being traded at $ 0.062. This follows a peak up to $ 0.12 after his tokentameration event on 26 May. Despite the price fall, the trade volume remains strong, more than $ 600 million in the last 24 hours.
HUMA was launched via Binance Launchpool, where users could put the token farmers by Binance Coin (BNB), FDUSD or USD Coin (USDC) between 23 and 26 May. As usual with Binance LaunchPool projects, HUMA was quickly mentioned on other large exchanges, including Bybit, OKX, MEXC, Gate.io, Kucin, Kucin, and Bingx.
During the TGE Huma Finance also opened the claim window for his season 1 AirDrop, which allocated 5% of the total token stock to Early Adopters. The claim period remains open for one month. A second AirDrop, which covers 2.1% of the total supply, is planned for about three months after the TGE.
What is HUMA Finance?
Huma Finance is developing a new financial infrastructure called the Payfi -StackFocused on replacing outdated Trandfi systems with faster, programmable and globally accessible alternatives. The Payfi Stack is designed to standardize and scale on blockchain -based financial applications, which makes seamless integration of payments, credit and compliance on a global scale possible. It consists of six core layers, each of which performs a separate function to support the overall system.
At the base is the transaction layer, which is used layer 1 and low 2 block chains to ensure a high speed, cheap and secure transactions. Above is the currency layer, which manages digital currencies – especially stablecoins such as USDC and Pyusd. These stablecoins provide price stability and compliance with the regulations, whereby a number of proceeds are offered to compensate for transaction costs. The currency layer also includes programmable stablecoins that directly enclose conditions in payments.
The Voogdlaag focuses on safe and efficient asset management. It supports various guardianship models, from institutional solutions using a multi-party calculation to decentralized smart contract-based methods. These systems make real -time settlements (T+0) possible without jeopardizing asset control or security.
The following is the layer of compliance, which deals with the legal requirements, such as KYC, AML and Stablecoin licenses. It integrates real-time compliance controls into the transaction flow, adaptation to regional regulations such as Mica in Europe or frameworks in Singapore and Japan.
The financing layer makes it possible on-chain capital markets by connecting the supply of funds with demand. It makes the tokenization possible of real-world assets, structured with the help of smart contracts to make different risk tranches. Finally, the application layer is at the top, so that developers can build financial products such as payment gateways, loan platforms and investment aids. These applications are based on the possibilities of the lower layers to guarantee speed, compliance and ease of use, whereby a strong UX design is emphasized and the transaction handling is protected.
HUMA is central to the Huma Finance ecosystem and functions as a governance token. It is also used to help help secure the network and reward participants. Moreover, HUMA serves as a stimulation mechanism, distributed among liquidity providers, borrowers and active users to stimulate the growth of ecosystem. Holding or deploying the token can also be eligible for future AirDrops, whereby the second distribution would take place about three months after the TGE.
