Don't teach Hu Ma Du Yin Shan, what happened later? Wang Changling may never have dreamed that one of his poems would be quoted in the PayFi war of cryptocurrency finance after a thousand years. Each generation has its own hero story, and each generation has its own mission pursuit. Often, it's not that you did something wrong, but that you're getting old. But let the Dragon City Flying Generals stay, do not teach Hu Ma to conquer the Yin Mountains ", what was the outcome later? Let's sneak in! ⬇️ The ending was cruel: after the An Lushan Rebellion, Hu Ma not only crossed the Yin Mountains, but also drove straight into the Central Plains and chased after them. Although it may not be entirely appropriate, please allow me to temporarily set aside my national historical perspective and make a crude comparison, just to better understand the hierarchical pattern of the new and old financial systems. In the financial world, traditional giants such as Visa, Wise and Alipay are like "dragon city flyers", guarding the city of payment and financing. Coincidentally, a PayFi network called @ humafinance's' Huma 'is rushing towards the grassland, unstoppable. Is the Dragon City Flying General not brave enough? No, it can only be said that Hu Ma represents the mainstream direction of future wars: speed, efficiency, and collaboration. If you're in a hurry, I can also give you a one sentence summary, but the following content is really exciting and I'm a bit reluctant to let you go. Huma=On chain * (Alipay+Yu'ebao+Wangshangdai+Sesame Credit) The martial arts of the world are fast and unbreakable Question: How long does it take to transfer $1000 from the United States to Kenya within the SWIFT system? Answer: Transfers usually take 1-3 days, plus local settlement in Kenya, totaling 3-5 days. SWIFT was established in 1973 and became an international remittance standard in the 1980s, which became a typical innovation in modern financial history. Before this, in the 1960s, it could only be completed through telegraph remittance, which took 1-2 weeks. Even earlier, only postal money orders were available, which took over a month. Even with the integration of M-Pesa small cross-border payments developed by Safaricom and Vodafone in Kenya in the 21st century, it would still take several hours to complete this action. Huma utilizes the public chain performance of Solana and Stellar to achieve millisecond level settlement. How fast is this? We can compare 'Dragon City Flying Generals' Visa and MasterCard horizontally. The theoretical throughput of VisaNet and Mastercard exceeds 65000 TPS, with an average daily processing of approximately 2000 TPS. The authorization time for a single transaction is usually within 100-500 milliseconds, but complete settlement may take 1-3 days, depending on the bank and merchant agreement. From this, it can be seen that in terms of network layer speed alone, Huma has approached or even slightly ahead of traditional financial giants. When it comes to end-to-end settlement, Huma is unparalleled, and even the laughter of concubines cannot be heard. Fight to nourish the war, light vehicles on the road Many people may not know that the decisive factor in ancient wars was supply. Simply put, how long and how well you fought depended entirely on how long you could survive. Nomads take steady steps and display their wisdom of using war to sustain themselves. Why can Huma lead traditional financial giants so much end-to-end? The core secret is that 'only living water from the source comes'. The core of Huma is to build a decentralized risk and lending solution based on income and accounts receivable, positioned as a 'payment financing network'. Simply put, Huma has created a reservoir to achieve end-to-end fast settlement. This reservoir can absorb funds deposited by everyone and companies, and quickly match them after AML/KYC to improve fund efficiency. Huma 2.0 has made an innovation by implementing permissionless and dual revenue models through two different product logics, balancing flexibility and high revenue. Classic Mode: Provides 10.5% USDC stable annualized returns+Huma Feathers, suitable for conservative investors Maxi Mode: Abandoning USDC returns and maximizing Feathers rewards, suitable for long-term ecological participants This is very interesting. If you pursue stable returns and risk control, you can use Huma to amplify your stablecoin's real returns, note that it is the real returns. The real returns come from the real cash flow of global payment and trade finance, non inflationary token incentives, sustainable and anti cyclical. If you pursue maximum returns and are willing to take risks, you can choose not to receive returns and activate the frenzy mode, converting the returns into platform tokens and obtaining up to 25 times amplification. You can choose different lock up periods of different durations to obtain different reward multiples. The classic mode of lock up can obtain PST, similar to LST tokens, which can be traded and borrowed in the Solana ecosystem to improve fund efficiency, while the frenzy mode requires mPST to be exchanged for PST before DeFi operations. After reviewing the data, Huma has processed $5.4 billion in transactions and achieved a stable annualized return of 10.5% on the agreement. While ensuring high returns, Huma has minimized financial costs. Having experience in cross-border payments, one can roughly understand that Visa charges a fixed transaction fee of $5-20, a foreign exchange conversion fee of 1-1.4%, and an additional 1-2% conversion fee deducted by the issuing bank, resulting in a total cost exceeding 3%. Wise is slightly cheaper, it uses the middle market exchange rate without additional spreads, and the total cost is about 0.5%. And Huma can achieve a single transaction cost of $0.0005! Of course, if you want to exchange it for fiat currency, you still have to be cut by the bank, there's no other way. ▰ Renowned teacher, adept at handling tasks with ease The crossing of Yinshan by Hu Madu paved the way for multi-ethnic integration in Chinese history, which is a knowledge brought to us by a positive historical perspective. Of course, there are also many extreme nationalists who believe that after the Battle of Yashan, the orthodox Han culture no longer exists. This is very similar to the love hate relationship between DeFi and CeFi today. Satoshi Nakamoto positioned Bitcoin as a point-to-point decentralized electronic cash, igniting the spark of decentralization. Today, blockchain has embarked on the path of compliant finance without hesitation. Is this a regression? and be not so. The main purpose of compliance is AML and KYC. In the past, these information were controlled by centralized institutions, but in fact, compliance is the biggest risk. The decentralization of blockchain aims to change everything from the process. Permissionless without permission, Huma has passed Chainalysis screening, allowing anyone and any level of funding to equally enjoy financial policies. Retail investors can also freely choose and participate in financial products with different returns and risks. But returning to the definition of the previous sentence, how did Huma become a sewing monster? The true strength of Huma lies in abstracting the three most important features mentioned above into a PayFi Stack consisting of six levels, namely: Transaction layer, Solana and Stellar high-speed public chains handle payment business Currency layer, converting US dollars into USDC to make on chain transactions run smoothly Hosting layer, collaborating with Fireblocks and others to introduce abstract wallets Financing layer, including infrastructure for financing agreements and risk management Compliance layer, collaborating with Chainalysis and others to decentralize compliance business Application layer, application store, derivative applications such as cross-border payment Arf So at first, I thought Huma was just a simple protocol, but after reading through it, I realized that it should be defined as a payment network. The role of Huma should be to provide payment and financing services on the blockchain, such as tokenizing accounts receivable to provide liquidity for businesses and individuals. It is not responsible for the production or consensus mechanism of blocks, but utilizes smart contracts and protocol logic to achieve financing and payment functions. After reading this, I felt a bit tired. I squinted my eyes and my mind flashed with thoughts of traditional finance and encrypted finance constantly colliding and merging. 「 PayFi, represented by Huma, is currently at the forefront of the city The endless Yin Mountains blocking in front of them Some surnames are high, called high cost Some people have a slow temperament, called 'slow and sluggish' Some are Ma Baoshan, all thanks to the government's guidance Some are cautious and only allow locals to climb '' If prejudice in people's hearts can also be considered a big mountain, then it's better to first take a look at how Huma can overcome obstacles. This is a soft core science popularization article, through which you can have a partial understanding of the following knowledge: Why can Hu Ma cross the Yin Mountain How Huma Innovates and Challenges Dragon City Flying Generals When will Vampire VISA go bankrupt Author: Anymose | A Soft Core Science Popularization Writer <End of Full Text>