Meet HUMA — the utility and governance token behind the Huma Finance PayFi network. Token Economics: Supply, Distribution, and Use Total Supply • The total supply cap of $HUMA is 10 billion tokens. Circulating Supply • At launch, the circulating supply is 17.33% of the total supply (1.733 billion HUMA). Distribution • Liquidity providers and ecosystem incentives: 31% (3.1 billion HUMA), released flexibly on a quarterly basis, specifically adjusted by governance, to support liquidity and ecosystem partners. • Investors: 20.6% (2.06 billion HUMA), allocated to early investors, locked for 12 months, linear release over three years. • Team and advisors: 19.3% (1.93 billion HUMA), with the same release mechanism as investors. • Protocol treasury: 11.1% (1.11 billion HUMA), primarily used for development, partnerships, and rewards, released in batches quarterly. • Airdrop: 5% (500 million HUMA), used for early community incentives, especially rewarding liquidity providers. Use Cases • $HUMA is the utility and governance token of the Huma Finance ecosystem, used for payments, lending, and governance within the PayFi network. Revenue Model How Huma Finance Generates Revenue • Huma Finance operates a PayFi network that supports cross-border and card payments, providing instant liquidity, focusing on real-world asset (RWA) payment infrastructure. • Revenue sources may include transaction fees from payment processing, lending interest, liquidity provision, and protocol fees for financial services usage, but specific rates have not been disclosed. Competitive Advantages • $Huma focuses on both payment infrastructure and liquidity acquisition, distinguishing it from typical DeFi protocols that only focus on lending or swapping. • The project's ecosystem incentives and governance model, along with strategic airdrops, aim to effectively guide liquidity and user participation.