Recently, a project named Huma has attracted widespread attention in the Web3 field. The core idea of this project is to transform real-world income flows into on-chain assets, pioneering a brand new financing model.

Huma's innovation lies in its PayFi model, which allows users to use future certain income as credit collateral to obtain financing directly on-chain. This approach not only avoids the common token staking found in traditional DeFi but also provides freelancers and small businesses with more flexible financing options.

Essentially, Huma is attempting to address the real-world issue of payment terms. By recording income on-chain, users can monetize future cash flows, alleviating short-term liquidity pressure. This 'cash flow-based credit' model can be said to have brought the concept of accounts receivable financing from traditional finance onto the blockchain.

Recently, Huma has launched a series of new initiatives, including the rollout of staking activities and a points system. At the same time, the project team is actively connecting with the AI and RWA (real-world assets) ecosystem, trying to bring real-world financial data on-chain.

Although Huma's success remains to be tested by time, its approach focused on solving real needs is undoubtedly worth following. In the current cryptocurrency market, projects that can truly solve practical problems often have greater potential and value. Huma is trying to become such a project, bringing new possibilities to the DeFi space.

As the project progresses further, we will be able to see more clearly whether the PayFi model can establish itself in the Web3 financial sector and how it will impact the future decentralized financial ecosystem.