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HCMT Redmi Community Mini Token (Homi Community Mini Token) is issued to build the HomiEX exchange community, aiming to enhance community stickiness, reward community contributors, and activate community trading enthusiasm. Holders of HCMT can also enjoy HomiEx community benefits, including but not limited to, such as: SGD airdrops, high-interest wealth management rights, IEO quota, etc., free public classes, etc.
The HomiEx platform will use 5% of the total platform income (including currency transactions, contract transactions, wealth management, listing fees, etc.) to repurchase HCMT every week. Three months later or when HomiEX officially issues the platform currency, HomiEx has the right to privatize HCMT for a one-time repurchase, and the repurchase price is the average transaction price of the previous three days. If within three months, HomiEx's HCMT repurchase exceeds 95% of the issuance, the remaining 5% will be privatized in advance.