[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Daan Crypto Trades [@DaanCrypto](/creator/twitter/DaanCrypto) on x 410.4K followers Created: 2025-07-22 16:04:33 UTC The $HOME flywheel 🔄 Why I bought and why I'm trading on there to qualify for the upcoming airdrop 👇 I will be explaining how the flywheel works and why the recent buyback proposal being approved changes things massively. Make sure to read until the end and join my Faction so we can both benefit from winning a larger airdrop. 📊 Join Defi App: 1⃣. $HOME Chart The chart has seen a slowly grind higher after the initial drop post listing. You can see the price effect the buyback proposal news has had already. Looking for this to slowly move towards the range highs and beyond as the flywheel eventually starts taking effect. 2⃣. $HOME Buybacks Just today, a proposal passed which will make it so XX% of the protocol revenue goes to $HOME buybacks. With the ~$100M of volume they process between perps & spot, that will come out to a monthly revenue of $3M once they up their fees which are only XXXX% now but will go to XXX% in the future. That puts it at a $78M mcap with an annualized buyback of $3M * XX% * XX = $28.8M. So you can imagine that's quite substantial, especially if volumes keep going up. Since $HOME & $HYPE have their similarities, comparing the two in terms of P/E (Price to Earnings), $HOME now sits at just over X while HYPE sits at XX. Volumes have been increasing and if that keeps going up obviously that will make the valuation more attractive. 3⃣. Volumes, Users, Airdrops & Kaito To incentivize new users & volumes, there will be a massive airdrop for Season X. There will also be a large Kaito campaign coming up. The airdrop will be worth $30M at the current price. Meanwhile, since you're trading through the Hyperliquid API, you will most likely also earn towards the next $HYPE airdrop. You earn $HOME & XP for every action you do. Swapping, Trading & Holding. Stake HOME to get a multiplier on your XP earned. The latter is something I did to a part of my bag to really start compounding that XP earned. I calculated that the payout would likely be well worth it in the end with the increased airdrop it would give. Especially if we'd reach top XX with my faction. 4⃣. Factions You can win additional $HOME when you're in a faction that finishes in the top XX. With the trading I've done on my own, I've already managed to get my faction to place #57 in X weeks time. You earn relatively more $HOME per XP contributed in the lower end of the Factions. For example the #1 faction right now earns 30M HOME which gets divided between 10M HOME/XP. So that's a 3x. If we'd reach top XX with my faction you would be earning 2.64M additional $HOME with gets divided between 294K HOME/XP. So that's a ratio of 9x. Considerably more yield. So feel free to join me and let's get to that top XX spot so we'll win more $HOME together. It costs nothing to join a faction and you're potentially missing out if you're not joining any. 5⃣. Final Thoughts The user interface is intuitive and I actually find it convenient to have the ability to swap and trade perps from the same platform. It works on mobile and desktop. A native mobile app is coming soon. I think this can be a good onboarding platform for the new retail participants which are more likely to enter the market in the current environment. With all these incentives lined up and me going for that goal of getting the faction in the top 50, I am going to keep using the platform for the foreseeable future. I think this has the potential to be a solid airdrop for early users. After doing the math on the $HOME I earned so far, you actually get a good amount back while trading and this of course only improves if price were to appreciate during this time. Especially now market environment is becoming more risk on towards alts. This will make trading setups more abundant and volumes should see an increase. I have partnerred with DeFiApp which is what put it on my radar initially when I started trying it out and learning more about the potential flywheel for the token itself. The experience has been great so far and it's good to get something back for my scalping volumes :) Hope this was useful. Will be looking to get more into writing these in depth theses if the market environment keeps improving. Hope to see you in my faction 🤝 Use my links to sign up and participate: 📊 Join Defi App: Join My Faction and let's get to that top XX to earn us a bigger airdrop:  XXXXXX engagements  **Related Topics** [governance](/topic/governance) [locks](/topic/locks) [protocol](/topic/protocol) [$home](/topic/$home) [coins defi](/topic/coins-defi) [Post Link](https://x.com/DaanCrypto/status/1947689230471467163)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Daan Crypto Trades @DaanCrypto on x 410.4K followers
Created: 2025-07-22 16:04:33 UTC
The $HOME flywheel 🔄
Why I bought and why I'm trading on there to qualify for the upcoming airdrop 👇
I will be explaining how the flywheel works and why the recent buyback proposal being approved changes things massively.
Make sure to read until the end and join my Faction so we can both benefit from winning a larger airdrop.
📊 Join Defi App:
1⃣. $HOME Chart
The chart has seen a slowly grind higher after the initial drop post listing. You can see the price effect the buyback proposal news has had already. Looking for this to slowly move towards the range highs and beyond as the flywheel eventually starts taking effect.
2⃣. $HOME Buybacks
Just today, a proposal passed which will make it so XX% of the protocol revenue goes to $HOME buybacks. With the ~$100M of volume they process between perps & spot, that will come out to a monthly revenue of $3M once they up their fees which are only XXXX% now but will go to XXX% in the future.
That puts it at a $78M mcap with an annualized buyback of $3M * XX% * XX = $28.8M. So you can imagine that's quite substantial, especially if volumes keep going up.
Since $HOME & $HYPE have their similarities, comparing the two in terms of P/E (Price to Earnings), $HOME now sits at just over X while HYPE sits at XX. Volumes have been increasing and if that keeps going up obviously that will make the valuation more attractive.
3⃣. Volumes, Users, Airdrops & Kaito
To incentivize new users & volumes, there will be a massive airdrop for Season X. There will also be a large Kaito campaign coming up.
The airdrop will be worth $30M at the current price. Meanwhile, since you're trading through the Hyperliquid API, you will most likely also earn towards the next $HYPE airdrop.
You earn $HOME & XP for every action you do. Swapping, Trading & Holding. Stake HOME to get a multiplier on your XP earned. The latter is something I did to a part of my bag to really start compounding that XP earned. I calculated that the payout would likely be well worth it in the end with the increased airdrop it would give. Especially if we'd reach top XX with my faction.
4⃣. Factions
You can win additional $HOME when you're in a faction that finishes in the top XX. With the trading I've done on my own, I've already managed to get my faction to place #57 in X weeks time.
You earn relatively more $HOME per XP contributed in the lower end of the Factions. For example the #1 faction right now earns 30M HOME which gets divided between 10M HOME/XP. So that's a 3x.
If we'd reach top XX with my faction you would be earning 2.64M additional $HOME with gets divided between 294K HOME/XP. So that's a ratio of 9x. Considerably more yield.
So feel free to join me and let's get to that top XX spot so we'll win more $HOME together.
It costs nothing to join a faction and you're potentially missing out if you're not joining any.
5⃣. Final Thoughts
The user interface is intuitive and I actually find it convenient to have the ability to swap and trade perps from the same platform. It works on mobile and desktop. A native mobile app is coming soon. I think this can be a good onboarding platform for the new retail participants which are more likely to enter the market in the current environment.
With all these incentives lined up and me going for that goal of getting the faction in the top 50, I am going to keep using the platform for the foreseeable future.
I think this has the potential to be a solid airdrop for early users. After doing the math on the $HOME I earned so far, you actually get a good amount back while trading and this of course only improves if price were to appreciate during this time.
Especially now market environment is becoming more risk on towards alts. This will make trading setups more abundant and volumes should see an increase.
I have partnerred with DeFiApp which is what put it on my radar initially when I started trying it out and learning more about the potential flywheel for the token itself. The experience has been great so far and it's good to get something back for my scalping volumes :)
Hope this was useful. Will be looking to get more into writing these in depth theses if the market environment keeps improving. Hope to see you in my faction 🤝
Use my links to sign up and participate: 📊 Join Defi App: Join My Faction and let's get to that top XX to earn us a bigger airdrop:
XXXXXX engagements
Related Topics governance locks protocol $home coins defi