After pressing the head of @ CalmanBTC countless times, it can also be considered as participating in the Huma @ humafinance project. The cardholder has been depositing since February, and I believe the points have already 'overflowed'. In fact, there are many good products on the Payfi track. The most important point is that Payfi is a tangible project that can be implemented. Looking back at the L2 and L3 projects invested by VC in the past two years, the narrative is either similar or unrealistic. There are very few scenarios that can be applied. During Defisummit, how many people crowded their heads to do Defi, and when cross chain bridges emerged, how many people went to do cross chain bridges. But there are very few products that can be used now. To put it another way of thinking, L1 is not good, why expect L2 and L3 to break through the encirclement. 🌟 scene The scene is really important, whether it can be implemented and how much value can be realized after implementation. This is a question that investors need to consider, and investing real money in visible and tangible places is extremely important. The most likely outcome of a wild and reckless blow is a return to zero. What attracts me to Huma is its practical payment scenario, providing short-term advance funding services for licensed cross-border payment institutions. Those who have done cross-border business must know that the traditional SWIFT system has a long settlement cycle, usually taking about 3-5 days for the funds to arrive. The handling fee of 3-5% is a bit exaggerated. Through Huma's optimization, T0 payment can be made with a transaction fee of only about 0.1%. The utilization rate of funds has significantly increased. Arf, who was the first to provide advance funding, was also acquired by Huma. From then on, a closed loop of "deposit loan settlement" was formed. A noteworthy aspect is that Arf processed over 3.9 billion yuan in funds before the merger, and achieved zero bad debt rate after the merger. @ circle, which is also a stablecoin cross-border payment project, is a stablecoin issuer. Although it has laid out cross-border payments through CCTP, it does not involve profit distribution. So in terms of competitiveness, Huma still has the upper hand. And Circle has also invested in Huma, which can be considered a strong alliance. 🌟 logic On chain users act as lenders and deposit USDC to earn a fixed income of 10.5% while also receiving feather rewards. The borrower is mainly a compliant payment institution that mortgages its fiat assets and borrows USDC to complete cross-border payment chain settlement, with a fund withdrawal period of only 3-5 days. During the process of deposits and loans, Huma's main source of income is the 5% interest spread, with payment institutions paying around 15% interest and users receiving 10.5% interest. 🌟 Airdrop There are currently two ways to obtain feathers, and users can choose Classic mode or Maxi mode on the platform. one ️⃣ Classic mode (stable arbitrage) Users can receive 10.5% APY+feathers The feather acquisition rate for current deposits is 1X, the feather acquisition rate for 3-month deposits is 3x, and the feather acquisition rate for 6-month deposits is 5x. two ️⃣ Maxi mode (dog betting mode) Maxi mode is simply designed for airdrops, and everyone knows that TGE will be conducted in Q2. Maxi mode has emerged! A current deposit earns a feather multiplier of 5X, a 3-month deposit earns a feather multiplier of 15X, and a 6-month deposit earns a feather multiplier of 25X. Feather stage, if you have the courage, come!!! 🌈 think At present, Huma's operational process and business model are relatively clear, at least everyone knows where the money comes from. After a certain amount of sedimentation in cross-border payment business, there is really a lot of room for Trade Finance's business to resume. Those interested can follow us!