Happy weekend, babes! Today let's continue to follow up on @humafinance. I've been keeping track of this project since it started with its PayFi vision, and now with the acquisition of Arf Financial to enhance its implementation capabilities, I'm watching it step by step integrate TradFi + Decentralized Finance in cross-border payments.

Everyone knows that Huma 2.0 is very popular, so today let's talk about its new changes.

■A quick review of what Huma actually does.
- The first decentralized platform dedicated to PayFi, the core of which is to solve the old problem of cross-border remittances: it used to be slow and expensive to transfer money, with many intermediaries and unclear flow of funds.

- Connecting traditional finance and Decentralized Finance with blockchain aims to enable real-time fund transfers, reduce transaction fees, and ensure that each transaction can be clearly verified on the chain without any ambiguity.

■PayFi Stack is like a handy financial toolbox:
On one hand, helping cross-border payment companies with funds, while on the other hand, connecting with ordinary people; the money we deposit will flow through on-chain smart contracts, ensuring safety and transparency.

After acquiring Arf Financial last year, it has now streamlined cross-border payments, aiming to build the world's first PayFi network to truly simplify cross-border payments.

■Let's talk about the new changes in HUMA 2.0 deposits, as this is the part that is closest to us:

-First of all, you can get in without any threshold.
In the past, some platforms required a professional investor identity or KYC/KYB certification, which was troublesome and time-consuming; Huma 2.0 has directly removed these restrictions.

Whether you are a beginner just getting started or someone who doesn't want to fill out a bunch of information, you can participate directly, which is very friendly for ordinary people.

- You can choose your own earning model, and there are two modes for LP now:
•Classic mode, stable returns, and you can also receive rewards from Huma, the balance between the two is quite good.

• Maximum mode, if you want to earn more Huma rewards and are willing to earn a little less annual percentage yield (APY), choose it. This means you can take control of the focus on returns, rather than passively accepting one option.

• The lock-up period is flexible; if you don't want to lock up your assets, you can withdraw at any time (redemption takes 1-2 days, as mentioned before).

If you want to earn more, choose to lock for 3 months or 6 months. The longer you lock, the higher the returns, and you can choose based on your own financial situation.

-DeFi integration feature
The PST (a type of certificate) that you deposit now can interact with several top DeFi protocols on Solana (such as Jupiter, Meteora, etc.).

You can either earn some extra income with PST or quickly convert it into liquidity when you need cash urgently, which effectively opens up a flexible way to use your assets, not just sitting idle earning interest.

-Reward Program Upgrade
The previous Huma rewards are now renamed as 【Huma Feathers】. It's not just a name change; there are also a lot of multipliers and activities added.

For example, completing certain tasks can increase rewards, or participating at specific times can provide additional bonuses, resulting in a more flexible reward system with more diverse ways to earn rewards.

I have been following Huma because it takes a practical approach. The changes in Huma 2.0 deposits are all designed to be user-friendly and practical for ordinary people.

It is important to note: you need to consider your own financial planning and the risks you can bear, choose based on the actual situation, and do not blindly follow others.
#HumaFinance