Huma Finance recently released Huma 2.0 on the Solana blockchain. With its advanced technology, this inventive platform has the potential to provide a new liquidity channel for payment institutions. Their platform is designed to run 24/7 and with extreme capital efficiency. Huma 2.0 is designed to create a radically new type of yield that is composable, transparent, and rooted in real world economic activity.
The launch comes at an inflection point of tremendous excitement and evolution within the world of global finance, and particularly within the burgeoning decentralized finance (DeFi) space. Through its PayFi infrastructure, Huma 2.0 aims to cover an overall market worth more than $30 trillion.
Holding true to DeFi composability, Huma 2.0’s core is its PayFi Strategy Token (PST). PST is a liquid, yield-bearing LP token. Picture this, it makes it possible for holders to connect their Huma roles with leading DeFi protocols on Solana. Users can now exchange PST for USDC using Jupiter! This is just the start of many thrilling collaborations with popular Solana DeFi platforms.
Huma 2.0 presents two primary modes: classic and maxi. Classic mode is focused on users who want stable, double-digit USDC yield with Huma Feathers rewards. Maxi mode is for users focused on maximizing their accumulation of Huma Feathers, earning rewards at five times the base rate, without receiving USDC yield.
Huma 2.0 isn’t just another yield product – it’s a structural shift. - Erbil Karaman, co-founder of Huma Finance
Through our Huma 2.0 model, which we modeled for sustainability, we are able to provide stable, sustainable, proven double-digit USDC yields. The market-leading platform is supported by the world’s top investors and recognized as a category leader by industry analysts including Messari.
PayFi, the connective layer of Huma 2.0, is built to serve a $30 trillion market. In just the two years since launching, Huma 2.0 has processed more than $3.8 billion in transactions. This remarkable feat has resulted in a corresponding annualized revenue of $8 million.
Huma 2.0 on Solana represents one of the biggest strides in the DeFi space. This platform provides a deeply composable and transparent method to create yield. Its unique design meets the needs of stable yield earners and those looking to optimize rewards growth potential equally.
Huma 2.0 is about building a bridge from Huma to the real-world economy and about DeFi composability. It wants to be at the center of the rapidly changing world of decentralized finance. The platform’s ability to integrate with other Solana protocols through PST (Programmable State Token) makes it even more useful and promising for growth.
Huma 2.0’s launch marks an important milestone in delivering inventive financial solutions to the DeFi landscape. Huma Finance addresses the sources of effective liquidity and composable yield. Their mission is to accelerate the adoption and growth of decentralized finance.
