@Huma Finance 🟣 🔧 Technical Breakdown | How does the on-chain credit engine of #HumaFince work? HumaFinance

🛠️ Core Technology Stack Three-Dimensional Analysis:

1️⃣ Credit Oracle Network

Hybrid Data Sources: On-chain transaction records (ETH/Arbitrum) + Off-chain API (Plaid/Teller)

Zero-knowledge proof implementation for KYC data desensitization verification

Real-time risk scoring model (updated with each block)

2️⃣ Smart Contract Architecture

Modular Design: Separation of credit assessment/fund pool/liquidation modules

Original "Credit NFT" standard (ERC-721C)

Dynamic interest rate algorithm: Real-time adjustments based on borrower on-chain behavior

3️⃣ Security Mechanism

Multi-signature + time-lock governance

Anti-Sybil attack system (Sybil Resistance Module)

Progressive liquidation protection (72-hour buffer period)

💡 Technical Breakthrough Point:

Transforming traditional FICO credit scores into composable on-chain primitives, achieving "credit as wallet" through AA account abstraction. Testnet data shows a 63% lower default rate compared to Compound and an 8.2 times increase in fund turnover efficiency.

Developers can build customized lending products based on its SDK, which could be the key infrastructure for DeFi's path to mass adoption. What other technological breakthroughs do you think the on-chain credit system needs? Constructive discussions are welcome!