Binance Lists Huma Finance (HUMA) Token Farming on Launchpool Platform

input: Binance, the world’s leading cryptocurrency exchange, has announced Huma Finance as the next project to be featured on their Binance Launchpool staking platform.

Binance, the world’s leading cryptocurrency exchange, has announced Huma Finance as the next project to be featured on their Binance Launchpool staking platform.

Users will be able to earn Huma Finance (HUMA) tokens on Binance by staking their BNB, USDC or FDUSD between May 23 at 0:00 AM UTC and May 25 at 23:59 UTC. Users will be able to withdraw the staked coins at any time, while still keeping their HUMA token rewards.

Earn HUMA on Binance

Introducing @humafinance $HUMA on Binance Launchpool!

Farm HUMA by Locking BNB, FDUSD and USDC.

🔗 https://t.co/DRjQWFnQXQpic.twitter.com/iSsN7vCBGC

— Binance (@Binance) May 22, 2024

2.5% of the total HUMA token supply will be distributed to users on the Launchpool – that amounts to 250 million HUMA tokens out of the 10 billion total token supply.

The BNB staking pool will receive 85% of these rewards, while the USDC staking pool will receive 10% and the FDUSD staking pool will receive 5%. It should be noted that the amount of HUMA you earn depends on how big your stake is, relative to the size of the entire staking pool.

There is also an hourly cap in place, dictating how much HUMA users can earn in an hour – for BNB stakers it’s 295,138 HUMA per user, while the cap for USDC is 34,722 HUMA and the cap for FDUSD stakers is 17,361 HUMA.

After the end of the Huma Finance Launchpool campaign, HUMA will be listed on Binance on May 26 at 13:00 UTC in trading pairs against USDT, BNB, FDUSD, USDC and TRY.

What is Huma Finance (HUMA)?

Huma Finance is a next-generation DeFi platform on Solana, enabling anyone to earn yields from real-world payment financing, previously accessible only to institutions. By tapping into the booming stablecoin market and leveraging blockchain, Huma’s PayFi network delivers sustainable returns to liquidity providers, powered by fees from actual business transactions rather than speculative activity.

Users can choose flexible earning modes, receive liquid LP tokens (PST), benefit from composable DeFi integrations, and amplify rewards through optional deposit lock-ups and referrals. Huma’s goal is to democratize access to reliable yields, making DeFi more inclusive and resilient.

HUMA is the native utility and governance token of the Huma ecosystem. It allows holders to participate in protocol governance, earn rewards as liquidity providers, and benefit from new protocol features. HUMA powers community and ecosystem incentives, aligns interests across all stakeholders, and is distributed through a mix of airdrops, LP incentives, investor allocations, team rewards, and treasury reserves.

The total supply is capped at 10 billion tokens. As Huma grows, HUMA holders will help guide the protocol’s evolution and share in the value created by the PayFi network.

How to earn HUMA tokens on Binance Launchpool

If you want to earn Huma Finance farming rewards, you’ll need a Binance account.

Create Binance Account

Please keep in mind that only users who complete an identity verification process with Binance are eligible to participate in HUMA token farming on Binance Launchpool.

Once your account is ready, you’ll need some BNB, FDUSD or USDC tokens to stake. If you already own these tokens, you can deposit some to your Binance account. Otherwise, Binance offers plenty of ways to buy them with crypto or fiat.

After your account is verified and loaded with BNB, FDUSD or USDC, go to the menu on the top side of the Binance interface and select "More." Then, go to "Launchpool."

Then, find the available farming pools. Depending on which tokens you want to stake, select the BNB, FDUSD or USDC. Then, follow the instructions provided by the exchange.

Please keep in mind that the screenshot below is from a previous Launchpool project, since Binance hasn't updated their website yet to include the Huma Finance Launchpool at the time of writing this article.

As a final note, here’s a quick breakdown of key dates and information about the Huma Finance Launchpool campaign: