Big Alpha
@humafinance co-founder @DrPayFi just announced at the PayFi Summit that Project Flywheel will launch in Q4, initiating the growth wheel for $HUMA.
Users staking SOL or depositing USDC and HUMA can achieve over 30% combined returns; at the same time, buybacks will be initiated to increase demand for $HUMA and boost its price.
It includes three parts:
1. PayFi Reserve: Establishing the Huma PayFi Reserve (HPR) based on Solana nodes, where users stake $SOL to support PST and other PayFi/RWA assets.
2. Looping Loans: Looping PST to achieve over 30% returns in stablecoins and $HUMA, which is very competitive.
3. Huma Vault: Users deposit USDC and HUMA, leveraging high returns obtained through Looping. A portion of the Vault's income will be used for buybacks, forming the $HUMA flywheel.
A very clever design that uses the DeFi flywheel to attract more people to stake SOL, ultimately increasing demand for Huma.
LHG!
This is my first time attending the PayFi Summit, and this afternoon I made friends here.
@humafinance @humafinance_zh @DrPayFi @jcmeowjc @0xErbil
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