HOM DAO (pronounced "home dow") has voted to launch their new governance token, called HOM COIN, on FJORD FOUNDRY, with a Liquidity Bootstrapping Pool (LBP) event set to take place on 28 February, 2024. This event marks a significant milestone in HOM DAO's mission to revolutionize the accessibility of safe and sustainable housing worldwide.
What is an LBP?
An LBP, or Liquidity Bootstrapping Pool, is like a special event where people can buy and trade new coins at a set price to help start a cryptocurrency.. Check out this video about it:
How can I participate in the LBP?
It's easy to participate in an LBP, as it's just like buying and selling any crypto currency. Check out the video guide below:
The initial pricing for the HOM Token during the LBP will be 1.00 HOM = 1.00 USDT.
After the LBP concludes, HOM COIN will be released onto centralized exchanges. The DAO has voted that all activities related to HOM COIN, including ongoing listings, and treasury management, will be handled by GotBit, a prominent player in the crypto industry, known for their successful management of projects like BONK coin.
Can anyone participate in the HOM COIN LBP?
Not really. Participation in the LBP is restricted based on the laws in the country in which you live. For example, residents of the United States and OFAC (Office of Foreign Assets Control) barred countries like Russia, North Korea, Iran and others, are prohibited from participating.
HOM DAO invites all interested parties to join in this exciting event and become a part of their mission to provide safe and sustainable housing for all.
To register for the LBP launch, please visit https://www.fjordfoundry.com/