Recently, Huma Finance has stirred up a wave in the Web3 community, attracting widespread attention. This project is not just ordinary short-term speculation, but it has opened up a whole new path in the Decentralized Finance field. Huma's core concept is to transform real-world cash flows into on-chain financeable assets, and this innovative model is called PayFi.

The operation of PayFi is quite innovative. It allows freelancers to put stable income on-chain to apply for loans; businesses can cash in on project funds that have not yet been received through on-chain invoices; outsourcing teams can also use unsettled income to obtain financing. The uniqueness of this model lies in the fact that it does not rely on cryptocurrency staking or NFT holdings, but directly recognizes users' actual income records as credit credentials.

The philosophy of Huma Finance can be summarized as "cash flow generates credit", which stands in stark contrast to the traditional DeFi model of "token generates token". It essentially redefines the underlying logic of DeFi, seamlessly connecting real-world economic activities with blockchain finance.

The rapid rise of the project is not without reason. Huma has launched a series of substantive initiatives: it has initiated staking activities where participants can earn rewards; the newly launched points system provides substantial profit potential for early users. Notably, Huma is actively collaborating with AI technology and the Real World Assets (RWA) ecosystem, striving to interface with real-world financial data, and its operational processes strictly adhere to traditional financial norms.

At a time when many RWA projects are still in the conceptual stage, Huma has already achieved practical operations on-chain, demonstrating its leading position in promoting the integration of Decentralized Finance and traditional finance. This innovative approach that combines real-world assets with blockchain technology may point to a new direction for the future development of DeFi.