HOM Coin Tokenomics

Tokenomics refers to the distribution and ownership structure of a cryptocurrency. In the case of HOM DAO, the foundation has introduced HOM COINs, which serve as governance tokens empowering holders to participate in decision-making within the DAO. These tokens are finite in number, with only 100 million in circulation. Each HOM COIN holder has the opportunity to vote on key initiatives and projects proposed by the community.

Here's a breakdown of the token allocations for HOM COIN:

Individuals acquired HOM COINs by making contributions to the DAO, either through USDC contributions or work products. This finite supply mechanism ensures that HOM COINs hold value, thereby incentivizing active participation within the community.

Interoperability and Accessibility

HOM COINs are currently available on three blockchain networks: Ethereum (HOM COIN), Polygon (HOM-MATIC COIN), and Solana (HOM-SOL COIN). Users have the flexibility to switch between these networks using bridge applications available on homdao.finance. This interoperability facilitates seamless trading and allows users to leverage networks with lower transaction fees.

Ownership and Distribution

A significant portion of HOM COINs is owned by existing DAO members who have a long-term interest in the foundation's mission. Approximately 70% of the coins are held by these members, subject to a vesting schedule that prevents immediate selling.

How to buy HOM Coins

Interested individuals can acquire HOM COINs through sales facilitated by the foundation, primarily on Centralized Exchanges and Decentralized Exchanges.

By empowering individuals to actively engage in decision-making and governance, HOM DAO is pioneering a new model of community-driven initiatives powered by blockchain technology.