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Odaily Planet Daily News: DeFi App, a decentralized finance (DeFi) platform, announced the launch of HOME token, aimed at solving the complexity problems in the field of encryption and building a user owned, community governed "crypto super application". The Defi App was launched three months ago and has achieved over $10 billion in spot and perpetual contract processing volume, ranking among the top five DEX trading volumes within a few days of its launch, with over 300000 active users. The core function of HOME token is to govern the development of Defi App and the utility of the token itself, enabling the community to propose and vote on platform development, including treasury strategies (such as repurchase, fee sharing), transaction fee mechanisms, integration priorities, and future token utility (such as pledge and reward systems). Defi App emphasizes that HOME tokens are different from traditional governance or utility tokens. They aim to empower communities, achieve product priority, community governance, and unlock exchange level utility through DAO. In the allocation plan of HOME token, 45% is directly allocated to the community and ecosystem, 10% is reserved for private investors, and the rest is allocated to core contributors, foundation partners, grants, strategic advisors, and protocol treasury. Defi App also announced the launch of iOS and Android mobile applications, one click deposit function (HOME Finance), advanced staking, and protocol bribery in the future.