It is known that @ defidotapp will end in 2 days, so there is not much time left. Joining the first fifty teams will receive additional bonuses: http://app.defi.app/join/FJ8zV0 Another one is the recent hot project @ humafinance, which is said to be this month. I don't know if it's true or false, so let's take a look first. The commonalities between the two projects have been posted on @ KaitoAI, and both have been explicitly airdropped to Kaito contributors. Huma also clarified yesterday that 0.5% (50 million) will be allocated as a reward to Huma Yappers in three quarters, and the first quarter is currently underway. The Huma Finance PayFi flagship project aims to solve payment and DeFi revenue issues, provide short-term funding for cross-border payment institutions, and accelerate settlement. The lender is an on chain user, and the borrower is a real enterprise, combined with the RWA model. The project also has a background in financial experts from Silicon Valley, USA. Huma has built a lending platform that differs from on chain platforms such as AAVE 🔸 Lender: Regular on chain user, providing funds. 🔸 Borrower: Cross border payment institution, borrowing funds. 🔸 Huma mode: After receiving the local fiat currency A from the remitter, the payment institution borrows USDC on the Huma platform, bypasses Swift, and directly exchanges USDC for local fiat currency B in the target country B, completing settlement on the same day. 🔸 Huma Finance's cross-border payment advance process: On chain users lending funds → Cross border payment institutions requesting loans → Payment institutions providing collateral → Payment institutions borrowing USDC and executing payments → Payment institutions repaying loans 🔸 The function of Huma: Provide short-term funding through USDC to accelerate cross-border remittances. Payment institutions need to complete one deposit and one withdrawal through a third-party OTC service provider. 🔸 Huma's profit model: Huma earns interest margin (the interest rate difference between the lender and borrower). Cross border payment institutions are willing to advance payment fees for faster and cheaper remittance payments. 🔸 Huma can currently participate in the following ways: 1) Participate in Jup voting until May 22nd. 1% of the total supply is pre-sale by JUP pledgers, with FDV of 75 million and a lock up period of three months. Currently, Huma FDV is about 1 billion. Voting Details: http://jupresear.ch/t/proposal-for-jup-dao-alliance-huma-finance/37987 Voting link http://vote.jup.ag/proposal/5pqnjg1wJ6HmGdbUJPXfA8SRVAQBaG3b6Bz9PVNTMU9H 2) Participate in Kaito content contributions, earn Yap points, and strive to enter the top of KaitoAI rankings. At present, Huma has ranked first on the KaitoAI list (with a proportion of 10.38%), indicating fierce competition and the need for more efforts. Note: AI can recognize content quality and needs to publish meaningful and sincere content. Lick it sincerely, AI loves to watch "expresses genuine interest in the project. 3) Saving money (requires waiting for the official credit limit) is quickly filled up every time the official credit limit is opened. You can ambush next time. Of course, you can also try YT Deposit link: https://app.huma.finance?ref=2MsGoZ Finally, let's talk about the potential risk points of Huma: 🔸 Asset quality: Huma is an RWA (Real World Assets) project, with on chain users as lenders and real-world enterprises as borrowers. The key lies in whether the borrowing enterprise is reliable, whether there are bad debts, and how the platform controls risks. 🔸 Asset side advantages: Provide equivalent collateral (local fiat currency received by payment institutions, held in a regulated account). Payment institutions need to have compliance qualifications. Short term loans (3-5 days) have lower risk than long-term loans. 🔸 Huma's service positioning: Similar to Swift's channel service, it provides advance funding instead of traditional P2P platforms' consumer loans or business loans, and does not rely on the borrower's long-term credit. 🔸 Main risks: The security of on chain smart contracts. Transparency of off chain processes (requiring more information disclosure). The project itself is good and has the ability to sprint to the front line. Those interested can do more research