🫡 Richard, the hardworking role model, personally wrote the guide, respect.
It seems like the Q2 TGE timeline hasn't changed.
May is here, how about increasing the allocation a bit more? 🤣
Missed the Huma April Nest Summit (Community Call) yesterday? Here's a summary of the key updates and Q&A in English:
1/ Major highlights for Huma in April:
🆕 Huma 2.0 launched, pools filled up in just ten days
📈 LP count reached 33,000, a 6x growth
🚀 Total transaction volume exceeded $4 billion
2/ What drove the rapid growth of Huma 2.0?
🪩 Community enthusiasm for double-digit returns from real-world assets
🪶 Opportunities previously available only to institutions are now accessible to retail investors. Additionally, Maxi brought significant community excitement and a large amount of organic content on X.
3/ Can I buy $PST on Jupiter and convert it to $mPST?
Yes, you can. Here's how:
1. Buy $PST on @JupiterExchange
2. Convert it to $mPST on the Huma DApp, currently with no fees or restrictions
3. If you'd like to earn more 🪶, you can choose to lock it for 3 or 6 months
4/ Why can't $mPST be traded like $PST? Why is the $PST-USDC pool not deep?
If you need to trade $mPST, you can always convert $mPST to $PST on the Huma DApp and then trade it on a DEX. Currently, Huma officially supports only the $PST-USDC pool, but some community members have already created a $mPST-USDC pool.
We will soon launch the Kamino Liquidity Vault, and Huma will provide incentives to encourage more people to provide liquidity for the $PST-USDC pool.
5/ How does Huma manage security and protect user assets?
💻 Minimizing admin privileges. This is a common source of issues for many protocols. Our smart contracts minimize admin privileges, ensuring they cannot arbitrarily move user funds, which guarantees user fund safety even in worst-case scenarios.
🧑💻 Operational security: Penetration testing, endpoint protection, and social engineering defenses
📜 All protocols have been audited by top-tier auditing firms, @HalbornSecurity (Solana) & @spearbit (EVM). Additionally, we have a bug bounty program.
Another point, though not something we rely on but is beneficial to us: Most of the funds in the Huma protocol are actively utilized and not sitting idle in pools, reducing the risk of attacks. 🔐
6/ Wen TGE?
Our plan remains unchanged, and we are still targeting Q2, though we will also consider the macro market environment.
8.93K
8
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.