Why
#HumaFinance is the leader in
#PayFi and has real use?
DeFi is increasingly reaching places, people, and businesses all over the world, which is one of the main reasons
#PayFi has @humafinance as the promoter and leader of this system. It basically consists of utilizing blockchain in the daily operations of companies, institutions, and users worldwide, facilitating transactions worth billions of dollars.
Cross-border payments 24/7, trade financing, credit card settlements, among other types of payments. PayFi allows for the financing of payments at the exact moment they occur, rather than waiting days or weeks for traditional settlements that we know.
Where does the liquidity come from?
Liquidity comes from liquidity providers "LPs" who deposit stablecoins like
$USDC into the protocol's pools. These funds are used to extend credit to institutions and companies needing to finance payments.
1. Financing real payments where companies pay interest for instant access to liquidity
2. Deposits and staking
3. Yield and profits
4. Protocol income from transaction fees, pool fund inflows
It has an active liquidity of $177.9M and over $12B in Total Transaction Volume (TTV). This indicates that it is essential, useful, and sustainable.
$PST is the main native stablecoin of Huma
PST is the liquid token that accumulates yield, and its value increases over time thanks to the yield generated from real payment fees. It is the token you receive when you deposit
$USDC in Classic Mode. You can swap it for USDC on Jupiter, Orca, Meteora, or use it as collateral on Kamino.
With PST, mPST, and pools, nearly $154M has been achieved. These are very good numbers for active liquidity, where a significant portion is in pools like Arf and strategies that generate yield for $PST holders.
You can get a base APY in USDC of up to 13% and also earn extra rewards that convert into
$HUMA .
Deposit here and earn: https://app.huma.finance?ref=NrGnkr