Binance announced Huma Finance (HUMA) as its 70th Launchpool project, highlighting an exciting opportunity for users. Participants can earn HUMA coins by staking BNB, FDUSD, and USDC coins for just three days. HUMA, with a total supply of 10 billion coins, will debut on Binance on May 26th, featuring five different trading pairs. Initially, 1.73 billion HUMA, representing 17.33% of the total supply, will be in circulation.
Instant Liquidity Era Begins with Huma Finance
Huma Finance aims to overhaul traditional payment systems by utilizing a “PayFi” infrastructure. Designed to speed up cross-border money transfers and make card payments more accessible, its primary goal is to secure users’ instant access to funds. Binance highlights HUMA’s potential and presents the project to users as part of its Launchpool initiative.
Launchpool participants can earn HUMA coins beginning May 23rd at 3:00 AM UTC for three days. While the BNB pool takes the lion’s share of rewards, FDUSD and USDC pool contributors also receive a portion. Users in the BNB pool can earn up to 295,000 HUMA per hour, while this figure is 17,000 for FDUSD and 34,000 for USDC.
In total, 250 million HUMA coins will be distributed through the Launchpool process, comprising 2.5% of the entire supply. An additional allocation of 50 million HUMA coins is set aside for post-launch campaigns, complemented by a separate distribution of 40 million coins for campaigns initiated three months later.
The Project Will List on Binance with Five Trading Pairs
On May 26th at 4:00 PM UTC, HUMA coins will be listed on Binance with trading pairs HUMA/USDT, HUMA/USDC, HUMA/BNB, HUMA/FDUSD, and HUMA/TRY. Upon listing, the project marked with a “Seed Tag,” will serve as a caution to investors about tokens with new and potential opportunities. Trading will also commence on Binance Alpha, but visibility on Alpha will end once spot listing begins.
Another aspect catching investors’ attention is the limited initial supply, only 17.33% of the total. This scarcity could drive bullish activity in the altcoin‘s price, creating prospects for higher returns for early investors.
