HOME Coin price

HOME

HOME is a stablecoin launched by parent company LoanSnap whose co-founders Karl Jacob and Allan Carroll have created and run numerous successful startups. Karl has raised $100s of millions of USD from investors Benchmark, Microsoft, eBay, True Ventures, Richard Branson's Virgin Group, Peter Thomson's ThomVest and Paul Allen's Vulcan Ventures. Companies he has started and worked with have generated $100s of millions of dollars in returns and he has had numerous succesful exits Karl was also the the first advisor to Facebook when the company was only 6 people

Allan Carroll is a co-founder and founded three prior startups as CTO He built communities & systems that handled 100s of millions of users and transactions First developed home lending software over 20 years ago. He has been in crypto since 2014. He was in the Ethereum Genesis Block

HOME Coin is unique in 4 key ways 1. Fully Transparent, Every asset backing the coin is listed on the website along with its location and the size of the lien on the home and the value of the home. This information is also available on the blockchain No other stablecoin has this level of transparency 2. Decentralized, the assets backing HOME are distributed around U.S. and the liens are recorded at the county level where the house is located providing a real world backup to the onchain representation of the lien. Any originator or servicer may participate in making or servicing loans for HOME Coin. Even payments can be made by borrowers without involving any intermediaries 3. Durable Return. Since the loans are often 30yrs or more the return from HOME is durable over years vs months of even days for other coins 4. 1% return for just holding HOME 2-5%+ for staking

HOME Coin has entered various corporate partnerships as part of its business activities, including options for HOME holders to increase annualized passive income returns.

HOME Coin and BACON Protocl have been audited several times. Please see the latest audit here

Beyond trusting the validity of its USD peg, any security issues relate to those which affect all ERC-20 standard tokens. Transactions, for example, can suffer from abnormally high fees if gas prices on the Ethereum blockchain spike.