Huma Finance is a decentralized finance (DeFi) protocol that enables permissionless, income-backed lending on the blockchain. The platform allows individuals and businesses to tokenize their future income streams and use these tokenized assets as on-chain collateral to borrow stablecoins. This mechanism introduces a form of on-chain credit that is backed by real-world assets (RWA), addressing a significant area of growth within the crypto ecosystem. The core functionality of Huma revolves around the concept of receivables financing. Users can pledge future predictable revenue, such as unpaid invoices or subscription payments, into a smart contract. This creates a digital representation of the future cash flow, which can then be used to secure a loan. By doing so, Huma provides a decentralized alternative to traditional lending and factoring, aiming to increase liquidity and access to capital for entities with verifiable off-chain income. By bringing assets like future receivables onto the blockchain, Huma serves as a bridge between traditional finance (TradFi) and the DeFi space. The protocol is designed to be multi-chain, operating on networks like Ethereum and Polygon to ensure broad accessibility and scalability. Its permissionless nature allows developers to build custom lending applications on top of the Huma infrastructure, fostering an ecosystem of credit solutions. This approach expands the scope of DeFi beyond crypto-native collateral, unlocking new possibilities for credit creation and risk management based on tangible, off-chain value. Huma's model seeks to build a more inclusive and transparent credit market powered by blockchain technology.