Huma Network Brought Me Stable Yields On Solana
Do you know that odd experience when you meet an NPC in your journey along a familiar path, and the side quest takes you in a place that you hardly explored? This is my story with Huma Finance on Solana!
Huma Finance is a PayFi (payment financing) platform using real-world assets and DeFi to unlock liquidity. The protocol launched on Solana for faster, cheaper, and more scalable operations.
Huma raised $38M from top VCs like Distributed Global, Hashkey Capital, and Stellar.... and launched PayFi Strategy Tokens along modular vaults to earn real yield!
Back to the gaming pun, and how yapping about EVM stuff made me eligible for a Solana airdrop! The HUMA team allocated 10bps of $HUMA supply to yappers and contributors active in the Kaito ecosystem across Solana, DeFi, PayFi, or RWA.
Got 340 Huma tokens, then parked some USDC in there for an yield above 10% APY! Was no point to sell so I explored the opportunities. I accumulated "feathers" and boost that from holdings in $PST and $mPST.
Now that the year wrapped up... I got some rewards on top of the yields! I earned my Vanguard badge for having my USDC locked for six months and another 998 $HUMA top up!
They've been audited by Halborn with no major issues, and their vision is to become the liquidity layer for global payments—chain-agnostic, enterprise-ready, and DeFi-powered.
Huma Finance has two liquidity tokens on Solana, $PST and $mPST, each tied to a different yield mode in its PayFi system. The $PST tokens are minted by depositing USDC into Classic Mode, offering a stable ~10.5% APY and a base rate of Huma Feathers.
The $mPST tokens comes from Maxi Mode, which skips the fixed yield in favour of much higher Feather rewards! This strategy is ideal for users focused on deeper ecosystem participation.
Both are SPL tokens, but moving them may impact lockups or reward status. The strategy is to use the $PST tokens for stable yield, and $mPST to maximize the rewards.
I thought is a good idea to walk on both worlds, like a Mandalorian, and deposited into both pools! The reward from Loud was turned into USDC and added $30 on maxi and $615 on Classic!
The Huma Finance rewards system was focused on earning "feathers" as a way to build up boosts and allocation! The gamification was the reason for locking the USDC for six months!
Why feathers? The reward points symbolizing user loyalty were inspired by the mythological Huma bird. They’re used to boost governance power, unlock token rewards, and recognize deeper participation in the PayFi ecosystem.
Half-year went quickly and on Christmas Eve I earned my Vanguard badge! The snapshots for season one and season two were taken, and the $HUMA tokens will start vesting!
What about the APY? Got a decent return on the USDC staked on classic, a sweet $65 top-up from staking day! I started with 645 USDC and over six months you received $65.66 in yield plus $30 worth of HUMA tokens!
Season 3 already started, and have 130 HUMA accrued so far! This bounty is not yet snapshotted so we go for the $95.66 confirmed profit. Measured against my initial deposit... this corresponds to a 6-month return of about 14.83%.
The annualized return is about 29.7% but if you annualize it on a compounded basis... the annualized return comes out to roughly 31.9% per year. This is much better than the expected 10% yields!
Now I am looking forward to see my $HUMA tokens stack up, and the protocol gain even more traction. So far I am very pleased about how the things unwrapped ... and I am looking towards a bright future!
Residual Income:
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