Recently saw that @defidotapp launched the DIP-005 proposal, which is worth a serious look for everyone interested in $HOME.
In simple terms, the project team plans to use funds from the protocol treasury to buy back $HOME at a "1.5 times" ratio: for every 100 $HOME unlocked by users, the official will buy back 150 from the market, effectively reducing the circulating supply and alleviating selling pressure, providing substantial support for the coin's price.
While many projects are still talking about visions, DefiApp has already put real money on the table to show its stance. This mechanism not only boosts market confidence but also reflects the team's long-term planning for token economics: using buybacks to reinvest in the ecosystem, creating a healthier and more sustainable cycle.
Additionally, the second season of DefiApp's Degen Arena airdrop is in full swing, with a total of 1 billion $HOME available, worth over 35 million dollars. The official has opened a closed beta whitelist application for iOS users, limited to those who register within 24 hours, and there are only a few hours left. Participating in the test is expected to yield a lot of XP incentives, and the Android version is also coming soon.
Here’s how to participate:
Registration address:
Whitelist application:
On one side is a substantial airdrop, and on the other is a clear buyback logic; this strong consensus project is rare this year, so it might be worth diving deeper into @defidotapp.
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