What is Defi App (HOME)?
Defi App is a decentralized finance platform aiming to simplify interactions within the DeFi ecosystem. It enables users to manage wallets, perform token swaps, and interact across multiple blockchain networks such as Ethereum, Solana, and other EVM-compatible chains.
The application operates through smart contracts and utilizes account abstraction to support non-custodial wallet creation, delegated transaction execution, and gas abstraction. It automatically creates wallets for users on EVM and Solana chains, allowing immediate access without the need for browser extensions or seed phrase backups. Cross-chain compatibility enables users to transfer and swap tokens across different blockchains without needing to understand technical processes like bridges or wrapped tokens. Additionally, the platform includes fiat on-ramp and off-ramp services, bridging traditional finance with decentralized protocols.
HOME is the native token of the Defi App ecosystem. It is central to the platform’s functionality, enabling gas abstraction by allowing users to pay for transactions using only HOME tokens. The token also integrates with an XP-based activity system, where users earn XP through platform engagement such as swaps and deposits. These points may contribute to eligibility for future incentives. Staking HOME allows users to receive platform rewards and unlock XP multipliers, while also granting governance rights to vote on protocol updates, feature development, and distribution models.
The utility of HOME token extends across transaction execution, staking benefits, governance participation, and ecosystem incentives. Users rely on HOME to simplify gas payments across blockchains, while staking activities offer additional rewards. The XP system tied to HOME provides users with a way to increase their influence and potential rewards based on engagement. Governance functions tied to staked HOME include decision-making on feature priorities and integration processes. Protocols looking to engage with Defi App can also stake HOME to enhance their integration and visibility on the platform.
The circulating and total supply of HOME is set at 10 billion tokens.
HOME is listed on Binance for trade and purchase. The current price of HOME is available and updated in real-time on Binance.
