On other networks, the HOME token is making some waves in the decentralized finance (DeFi) world. It retrofits itself into an extremely flexible asset with multiple uses. HOME has a fixed supply of 10 billion tokens. It makes it a natural medium to pay gas fees across multiple blockchain networks, improves user experience, and users’ motivation to utilize the entire ecosystem. The token underpins both staking and governance, providing users with increased rewards for participating within the ecosystem. With $900 million in recent funding rounds, significant capital has been injected into the project that ultimately will lay the groundwork for speedy expansion and development. HOME is already creating quite a stir on the DeFi scene. Investors and users alike have been taking notice of its unique features and strategic tokenomics.

Utility and Tokenomics of HOME

HOME’s utility goes far beyond a mere transactional token. This feature is key to bridging and spending gas fees across chains. Most importantly, it is meant to remove as much friction as possible from the user experience within the sometimes intimidating realm of DeFi. Users can use HOME to pay for gas and other costs. This enables them to operate without friction across any blockchain ecosystem without having to possess the underlying assets or tokens of each chain. This gas abstraction mechanism is designed to establish continuous purchase pressure for HOME, which can help appreciate its value in the future.

HOME’s tokenomics are designed with the goal of attracting long-term holders and investors. Additionally, 45% of the total supply goes to Community & Ecosystem. These community tokens are vested, mostly over 3 years after an initial unlock, for a long-term and sustainable distribution. This strategy emphasizes the importance of creating an authentic and passionate community. Fostering a vibrant community will be key to the long-term success of any DeFi project.

Beyond its utility and community focus, HOME incentivizes staking and governance participation. Users can receive a 3× XP multiplier by staking their HOME tokens for a set period of time. This really enhances the XP earned while playing the app! This mechanism further incentivizes users for their long-term dedication to the platform and motivates them to play an active role in the ongoing governance process. By aligning incentives with long-term growth, HOME hopes to foster a strong, diverse, and sustainable ecosystem.

Strategic Allocation and Funding

Allocating HOME tokens to prioritized areas to ensure alignment with meaningful project development and long-term sustainability. Community forty-five percent of the supply goes toward neighborhood, ecology, and other ecosystem-enhancing uses. In parallel, twenty percent goes towards Core Contributors, the team responsible for building and maintaining the platform. This distribution guarantees that the team is financially motivated to keep building and enhancing the project for many years to come.

Early Backers, the investors that provided seed capital, are given 10% of the HOME supply. These tokens likely operate on schedules of ownership release. This strategy helps prevent sudden and volitional sell-off and incentivizes investors’ interests with the long-term success of the project. The other 25% is probably set aside for things like local marketing, local partnerships, and future rounds of local development to keep the momentum going.

The project advanced through several funding cycles in late 2024 and early 2025. It blew that target out of the water, raising just over $6 million at a pre-money valuation of nearly $100 million. This new capital accelerates the development of the project’s core technology. It further serves to increase its adoption and build collaborations across the DeFi ecosystem. Beyond that, these winning funding rounds lend significant credibility to the project’s vision and potential in the eyes of potential investors.

Market Performance and Valuation

HOME’s token has had an impressive market performance characterized by significant volatility and growth trends. As of writing, HOME is trading at approximately $0.025/token. HOME had recently peaked at about $0.038 – $0.04 before the initial burst of profit-taking set in.

As of writing, the circulating market cap of HOME is just under $68 million. This reflects the aggregate value of all HOME tokens in circulation. At $0.06 price of HOME, the circulating market cap would be around $160 million. This prospective boost is a nod to the growth potential of the token itself as adoption and usage continues to grow.

This begs the question, what’s HOME’s market cap? The fully diluted valuation (FDV) of HOME at today’s price is approximately $250–300 million. The FDV shows what the value of all HOME tokens would be if they were all currently in circulation. This metric is a useful supplemental measure of the token’s long-term, underlying value as more users leverage the ecosystem. It is widely used to test the long-term growth potential of a project. So, it’s important to note that the FDV is a theoretical number. It doesn’t necessarily reflect what the token is “worth” today on the open market.