I really admire @starzqeth's execution. As soon as the AMA ended, the meeting information was released.
To borrow a phrase, I’d like to add some important information:
1⃣ HUMA will not only release 7 new features in the coming months, but many large institutional partners will also join, including one of @Ripple's largest clients, which will migrate to HUMA. In short, as the stablecoin legislation takes shape, large institutions will gradually dispel concerns about regulation, further accelerating the adoption of stablecoins. Just wait for the official announcement.
2⃣ New tokens are being prepared, and we can expect new exchange listing events, which will bring in more liquidity.
3⃣ Both cross-border payments and DEFI business are progressing in an orderly manner. The renewal rate for old customers using cross-border services is very high, which means that both the pool and revenue will further increase.
At the same time, the circular lending and instant liquidity for PST are also in progress. I look forward to HUMA's on-chain liquidity incentives (AMM LP INCENTIVE) being implemented in the future, which could increase more on-chain spot liquidity.
4⃣ New market promotions in Turkey, South Korea, and Japan are also underway, increasing HUMA's mind share in the PAYFI field, which can attract more users from non-Crypto sectors, allowing HUMA to seize the opportunity of stablecoins breaking out and reaching more users.
Finally, I asked a question in the AMA about whether HUMA will compete with AIRWALLEX in the future.
The background is mainly that the founder of @airwallex previously spread FUD about the uselessness of stablecoins, but then recruited contract engineers for stablecoins. I can only say that "the truth will come out eventually." 😂
In my view, I hope more and more companies can join the competition in PAYFI. On one hand, the market is broad enough for various companies to find good development opportunities.
On the other hand, just like in the mobile phone, computer, and new energy vehicle industries, a truly strong demand market emerges from sufficient competition.
And the best companies prove themselves through their products in a fully competitive market environment.
It is evident that HUMA's business is currently in a growth phase, so keep it up~
. @humafinance Community July AMA, the most essential updates are all in this chart, there are really a lot of good news.
Business
1️⃣ PayFi asset type expansion, we will soon see new businesses emerging besides cross-border financing.
2️⃣ Opening up third-party assets, Huma has taken another step towards the platform, and the expansion speed will greatly increase.
Community
3️⃣ Established a content academy to enhance the quality of content, very much looking forward to it.
4️⃣ Building communities in Japan and South Korea.
Product
5️⃣ Huma Anytime: Users can make deposits at any time, and when the limit is insufficient, they will purchase PST through Jupiter.
6️⃣ Rewards as APY: I guess it can estimate the APY with $HUMA rewards included, enhancing experience and attractiveness.
7️⃣ Looping: PST can be loaned in a loop after staking.
(Previously @DrPayFi mentioned that at least 7 new features would be launched in the coming months, looking forward to it haha.)
Additionally
🔸 August 1st is an important date, remember to choose the new staking method (unstaking takes 14 days) to maintain 10x returns; at the same time, Yapper must stake 3k $HUMA before this time and maintain it for 1 month to qualify.
🔸 Richard seems to be staying in Singapore for 2-3 months starting in September, looking forward to the development of the Asian community.
Feel free to add any other important information that might have been missed @rubywxt1 @Cody_DeFi @AWonchain.
6.89K
2
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.