# Huma Finance > The First PayFi Network Income-backed DeFi protocol enabling users to borrow against future income streams without collateral. Huma Finance is a DeFi lending protocol that allows businesses and individuals to borrow against their future income by connecting them with global investors on-chain. It offers revolving credit lines, receivable factoring, and receivable-backed credit lines. The protocol includes Decentralized Signal Processors and Evaluation Agents for credit underwriting and risk management. - Type: Company - Sector: Finance - Status: Active - Founded: 2022-01-01 - Profile: https://thegrid.id/profiles/huma ## Products - [Huma V2 Protocol](https://thegrid.id/profiles/huma): Huma V2 is a yield platform on Solana enabling users to earn returns from real-world payment financing activities through liquidity provision. Users deposit USDC to receive liquid PST tokens representing their share, choosing between Classic mode for stable yield or Maxi mode for reward multipliers. The platform generates returns through transaction fees paid by businesses accessing payment settlement liquidity. (Decentralised Borrowing & Lending, Live, Main Product) - [Huma Institutional](https://thegrid.id/profiles/huma): Huma Institutional is a permissioned protocol providing institutional investors with access to curated payment financing opportunities through compliance-verified liquidity pools. Licensed financial institutions participate in funding cross-border settlements, card payments, and marketplace seller advances. The system enforces smart contract-based risk management with comprehensive AML screening and investor qualification requirements. (Decentralised Borrowing & Lending, Live) ## Assets - [Huma Finance (HUMA)](https://thegrid.id/profiles/huma): HUMA is the utility and governance token of Huma Finance. It is used to reward liquidity providers for capital commitments, with stakers receiving multipliers and boosted returns on their positions, and to enable decentralized governance over protocol parameters and value distribution mechanisms. The token has a maximum supply of 10 billion and compensates liquidity providers, community contributors, and ecosystem partners integrated with Huma. (Utility) - [PayFi Strategy Token (PST)](https://thegrid.id/profiles/huma): PST is a vault token representing deposits in Huma V2 Protocol's Classic Mode liquidity pool on Solana. It is used to earn yield from real-world payment financing activities and can be deployed in Solana DeFi protocols including Jupiter, Meteora, Kamino, and RateX. Classic Mode distributes a stable base APY alongside Huma Feathers rewards, allowing holders to earn fixed income and participate in protocol incentives simultaneously. (Vault Tokens) - [Maxi PayFi Strategy Token (mPST)](https://thegrid.id/profiles/huma): mPST is a vault token representing deposits in Huma V2 Protocol's Maxi Mode liquidity pool on Solana. It is used to accumulate Huma Feathers rewards in place of base APY, forgoing fixed yield in exchange for higher protocol incentive exposure. The token is integrated with Kamino for lending utility, and holders receive amplified Feathers multipliers tied to long-term capital commitment. (Vault Tokens) ## Links - [Main](https://huma.finance) - [Blog](https://blog.huma.finance) - [Documentation](https://docs.huma.finance) - [Terms of Service](https://huma.finance/termsOfUse) - [Privacy policy](https://huma.finance/privacyPolicy) - [LinkedIn](https://www.linkedin.com/company/huma-finance) - [Twitter / X](https://x.com/humafinance) - [Telegram](https://t.me/HumaFinanceCommunity) - [Discord](https://discord.com/invite/29zVxZ6kCN) - [GitHub](https://github.com/00labs) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. 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