Huma Finance将成为木星新的预售平台上的第一个发布项目

5月18日，木星社区启动了新的治理投票。投票的提议是：Huma Finance提议与Jupiter建立DAO联盟，Huma Finance将成为木星新的预售平台上的第一个发行项目。

The Jupiter community is launching a new governance vote. The proposal for the vote is: Huma Finance proposes to build a DAO alliance with Jupiter, and Huma Finance will become the first release project on Jupiter's new pre-sale platform.

木星社区正在启动新的治理投票。投票的提议是：Huma Finance提议与Jupiter建立DAO联盟，Huma Finance将成为木星新的预售平台上的第一个发行项目。

Huma Finance Overview

Huma Finance概述

As a hot project that has been widely discussed in the market some time ago, Huma Finance is positioned as a PayFi protocol focusing on cross-border payment fund turnover scenarios.

作为一个热门项目，在不久前在市场上进行了广泛讨论，Huma Finance被定位为薪资方案，重点是跨境支付基金营业额。

In February 2023 and September 2024, Huma Finance completed two rounds of financing of US$8.3 million and US$38 million respectively , with participation from Distributed Global, ParaFi, Circle Ventures, Robot Ventures, Hashkey Capital, Folius Ventures and many other institutions.

2023年2月和2024年9月，Huma Finance分别完成了两轮融资，分别为830万美元和3800万美元，并从分销全球，Parafi，Circle Ventures，Robot Ventures，Robot Ventures，Hashkey Capital，Hashkey Capital，Folius Ventures和许多其他机构参与。

According to official data from the Huma Finance platform, the platform's total transaction volume currently exceeds US$4.3 billion, with total revenue of approximately US$4.09 million and the number of Feather points distributed on the platform being around 550 million; active liquid assets are approximately US$104 million, PayFi assets are approximately US$64.083 million; and liquid assets are approximately US$39.908 million.

根据Huma Finance平台的官方数据，该平台的总交易量超过43亿美元，总收入约为409万美元，该平台上分配的羽毛积分数量约为5.5亿；积极的流动资产约为1.04亿美元，Payfi资产约为640.83亿美元；液体资产约为39.908亿美元。

Token Information and Pre-sale Details

令牌信息和预售的详细信息

As part of the disclosure of this collaboration, Huma Finance revealed some detailed intelligence about its tokens for the first time.

作为对这项合作的披露的一部分，Huma Finance首次揭示了有关其令牌的一些详细智能。

Although the final token name has not been confirmed, it is certain that the total supply of Huma Finance tokens is 10 billion , and the token utilities include:

尽管尚未确认最终令牌名称，但可以肯定的是，Huma Finance代币的总供应为100亿，而令牌公用事业包括：

Share staking rewards;

分享积分奖励；

Buyback/destruction through excess revenue;

通过超额收入回购/破坏；

Participate in the governance of incentives and fee allocation;

参与激励措施和费用分配的治理；

Prioritize the use of protocol functions.

优先使用协议函数。

Including pre-sales, this cooperation covers three specific contents.

包括预售，这种合作涵盖了三个特定内容。

The first is the pre-sale for JUP pledge users: the pre-sale FDV is 75 million US dollars (a significant discount compared to the valuation of the previous round of financing); the pre-sale quota is 1% of the total supply; the larger the pledge scale, the higher the pre-sale allocation share; after TGE, the pre-grade share will be locked for 3 months.

首先是JUP承诺用户的预售：预售的FDV为7500万美元（与上一轮融资的估值相比，折扣很高）；预售的配额为总供应量的1％；承诺量表越大，预售分配份额越高； TGE之后，级别的份额将锁定3个月。

The second is the treasury reserve swap between Huma Finance and Jupiter: the swap size is US$250,000, and the valuation still uses the FDV of US$75 million; after the swap, they will jointly abide by the 1-year lock-up limit.

第二个是Huma Finance和Jupiter之间的国库券互换：互换规模为25万美元，估值仍然使用7500万美元的FDV；交换后，他们将共同遵守1年的锁定限制。

The third is community cooperation: Huma Finance hopes that the Jupiter community will provide strategies for its token release process, accelerate dissemination through various memes and content, and inject Jupiter's energy into Huma Finance's token release.

第三是社区合作：Huma Finance希望木星社区将为其代币发布过程提供策略，通过各种模因和内容加速传播，并将木星的能量注入Huma Finance的代币释放。

Team Relationship

团队关系

On the day the vote was launched, Jupiter co-founder meow published a long article on X, revealing his personal relationship with Huma Finance co-founder Erbil Karaman.

投票发布的那天，木星联合创始人Meow发表了一篇关于X的长篇文章，揭示了他与Huma Finance联合创始人Erbil Karaman的个人关系。

In a brief overview, meow and Erbil have known each other for more than 10 years. They first met on Quora in the United States, and later gradually became friends in the Web2 technology circle. Meow once stayed in Erbil's apartment in the Bay Area . The two worked together in a small shared office space Dogpatch Labs and occasionally went to AngelList to hang out... This period of living together came to an abrupt end because Erbil's girlfriend (now wife) thought meow was too annoying . Meow said that he still doesn't know what he did wrong, and he only remembers Erbil's slightly embarrassed expression at the time...

在简短的概述中，Meow和Erbil彼此认识了十多年。他们首先在美国的Quora见面，后来逐渐成为Web2技术圈的朋友。 Meow曾经住在海湾地区Erbil的公寓。两人一起在一个小的共享办公室太空狗打实验室中合作，偶尔去安杰利主义者闲逛……这段时期共同遇到了一个突然的结局，因为埃尔比尔的女友（现在的妻子）认为米奥太烦人了。 Meow说他仍然不知道自己做错了什么，他只记得埃尔比尔当时有些尴尬的表情...

A few years later, when Erbil was leading growth at Facebook, meow also worked with Erbil to organize the first Bitcoin seminar inside Facebook.

几年后，当埃尔比尔（Erbil）在Facebook上领导增长时，Meow还与Erbil合作，组织了Facebook内的第一个比特币研讨会。

In the following years, as meow entered the Web3 field, direct communication between the two parties gradually became less frequent, until Erbil also joined the circle through Huma Finance. Later, in order to support Erbil, meow also participated in Huma Finance's Series A financing, which was valued at US$171 million - the pre-sale price was nearly half of the current round's discount.

在接下来的几年中，随着Meow进入Web3领域，双方之间的直接沟通逐渐变得不那么频繁，直到Erbil也通过Huma Finance加入了圈子。后来，为了支持Erbil，Meow还参加了Huma Finance的A系列融资，该系列融资的价值为1.71亿美元 - 预售价格几乎是当前一轮折扣的一半。

Before this, Jupiter

在此之前，木星

During Catstanbul, Erbil helped Jupiter plan a large event - burning a giant cat-themed statue to commemorate the destruction of 3 billion JUP tokens. Erbil took the lead in contacting artists, engineers, laser and fire effects artists, and also took care of details such as hotels, transportation, music, etc.

在卡斯坦布尔期间，埃尔比尔（Erbil）帮助木星计划了一项大型事件 - 燃烧一个以巨大的猫主题雕像来纪念30亿个JUP令牌的破坏。埃尔比尔（Erbil）领导着与艺术家，工程师，激光和火灾效果艺术家的联系，还照顾了酒店，交通，音乐等等细节。

All in all, meow and Erbil have had a long-standing personal relationship, so it is not surprising that the two sides have reached a deep cooperation.

总而言之，Meow和Erbil已经有了长期的个人关系，因此双方达成了深入的合作并不奇怪。

Pre-sale expectations

预售的期望

Back to the pre-sale itself, the first thing that can be confirmed is that based on historical financing valuations and current market heat, the $75 million FDV is undoubtedly an extremely attractive price, but 1% of the total supply is indeed relatively small - a large number of Jupiter community

回到预售本身，可以确认的第一件事是，基于历史融资估值和当前的市场高温，7500万美元的FDV无疑是一个极具吸引力的价格，但总供应量的1％确实相对较小 - 大量木星社区