"Huma Feather Annualization!? How to participate!?"
According to actuary @ZLiao3, the estimated number of feathers this season is 3 billion.
Deposit 10,000 USDC — each day can produce 5,800 feathers.
- If you choose Maxi 6 months lock-up
- FDV $500 million, 1% of tokens allocated to feathers.
It can be calculated that Maxi staking for 6 months = APR 35% 🔥
↳ This number is incredibly attractive for stablecoin investment!
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If you believe:
Solana's strong support for Payfi + Circle investment concept stocks = future potential stocks = Huma Finance.
You can participate in Huma "get feathers" in the following ways:
(1) Priority subscription (6/10 6 PM GMT+8)
- Buy $Huma and stake, subscribe to the staked USDC quota to get feathers.
- USDC subscription quota = staked $Huma amount divided by 25.
- Staking $Huma can also incentivize feather production (to be officially announced).
(2) Public subscription (6/11 6 PM GMT+8)
- Participate in public subscription USDC quota.
- Depends on how much share is taken from "priority subscription," the remainder will be distributed to the public.
(3) Other methods
- Provide PST/USDC liquidity at @KaminoFinance - 5x feathers.
- Deposit LP at @RateX_Dex - 2x feathers.
- Buy PST at @JupiterExchange - 1x feather; mPST - 5x feathers.
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I believe Huma Finance's price increase is positively correlated with US stock Circle.
If Circle continues to rise tonight 📈
I believe Huma Finance's performance won't be bad either 🚀
Circle's stock price has risen from 31 to 115, almost quadrupling.
Calculating Huma's second season points, it still seems to be a good choice? At the current coin price, the average value per thousand points is 1.67u, and each 1x feather corresponds to an annualized rate of about 2.4%. Choosing OG+Maxi for a six-month deposit can still yield over 50% annualized returns.
As a staker, my choice is to stake as much as possible, and I'm very interested in how much premium can be achieved later.
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First, let's review the known conditions: the snapshot date for the first quarter is May 18, with a total feather count of 26.8B. After the snapshot, the issuance for the second season has not changed much, remaining around 50M. I roughly tested it, and currently, the daily increment of points is about 21M, which gives an average feathers multiplier of 21*30/50=12.6x. Therefore, the score for three months is approximately 12.6*3*50=1890M.
Regarding Huma Institution, the scoring for the second season's 6mo and the third season is still ongoing. Based on my previous statistics, the score for this part from mid-May to mid-August is approximately 386M.
Finally, calculating the new deposits: assuming that in early June, July, and August, the new quotas opened are 10M, 15M, and 15M respectively, and the average feathers multiplier remains 12.6x (the average multiplier decreases, but the proportion of choosing mpst increases), the total accumulated feather count by the end of August is 693M.
In summary, the total feather count for the second season should be around 3B. The variables include future new quotas, average multipliers, and the potential increase in total scores due to staking $HUMA bonuses (similar to ENA, the total score should increase, but the staker's own multiplier will also increase).
Based on the current 500M TVL and an airdrop of 2.1%, assuming 1% of that goes to the feather program, the remainder will be used to incentivize the ecosystem. The total value of the airdrop is 5M, with an average value of 1.67u per thousand points, and each 1x feather corresponds to an annualized rate of about 2.4%.
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