 | Request Foundation has invested in Huma Finance, an income-backed DeFi protocol, that enables the 1st web3 invoice factoring experience 🙌 By using Huma Finance’s platform, anyone will be able to factor their Request on-chain invoices and receive up-front financing right away. Huma’s protocol is designed to quantify credit risk and determine factoring terms in real-time, without the use of a centralized entity. Beta Launch 👇 Huma is currently whitelisting invoice issuers with payer profiles such as DAOs and web3 organizations with regular on-chain payment commitments. These issuers can expect to receive up to 80% upfront financing 👉 Apply here - https://request.network/en/2022/12/20/request-and-huma-to-make-web3-invoice-factoring-a-reality/ Erbil Karaman co-founder said; “Due to its simple design & active community, we believe Request has the potential to become much more than just a payment network. By enabling invoice factoring, we hope to demonstrate the strength of utilizing on-chain payments as tradable receivables” 👉 Full Article Announcement - https://request.network/en/2022/12/20/request-and-huma-to-make-web3-invoice-factoring-a-reality/ [link] [comments] |
Request Network · Dec 21, 2022
Request and Huma to make web3 invoice factoring a reality
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Request Foundation has invested in Huma Finance , an income-backed DeFi protocol, that enables the 1st web3 invoice factoring experience 🙌 By using Huma Finance’s platform, anyone will be able to factor their Request on-chain invoices and receive up-front financing right away. Huma’s protocol is designed to quantify credit risk and determine factoring terms in real-time, without the use of a…
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