RWA Protocol is announcing the launch of $HOME, the first mortgage-backed stablecoin on the XRP Ledger (XRPL). Built on the RWA protocol, $HOME enables individuals and institutions worldwide to access the stability and cash flows provided by U.S. mortgages. This innovative integration of blockchain technology and the mortgage market opens up new possibilities for homeowners and investors alike. In this blog post, we will delve into the significance of $HOME and its potential to revolutionize the world of mortgages.

The industry has moved to a deeper understanding of why Real World Assets are an important asset to have on-chain. Our community decided we needed to change the name of our governance token Real World Asset with the symbol RWA. Some will miss our original name Bacon, which was somewhat tongue in cheek and somewhat a reflection of “bring home the bacon”, but its time to move on.

We have seen numerous iterations of the stablecoin concept, from USDC, which is basically 1:1 backed by bank deposits or short term liquid assets, to fully algorithmic coins backed by digital currencies. We propose most of these coins were built when the requirements of DeFi were quite different than they are now. For instance, when USDC was created the total dollars in DeFi were $130 Billion. This is now roughly a Trillion dollars. For most people in 2018 just having a way to move money in and out of DeFi without subjecting themselves to huge price fluctuations was enough. We believe this is no longer the case and people want more from their stablecoin.

The short answer is you shouldn’t, especially given all that has happened in crypto and the rest of the finance world. Our goal is to build smart contracts and systems that you can verify so HOME earns your trust. Some of the work is finished. Other parts are in-process and we will try to point those out when they arise.

Today we released a new tab and section in the app that allows you to make more money from your HOME Coin and Bacon. This is one of our top requested features from the community and we are happy to bring it to you all. Thanks again for the feedback.

So you want to make even more returns on your HOME? Here you go. First off the reward is .05 Bacon every day you have funds in the HOME Curve pool second you get Curve rewards as well i.e. 1 Curve Token for every HOME deposited.

The protocol has already voted to provide rewards to people who provide liquidity in various HOME and BACON pools. Incentivizing those pools rewards people who use their HOME and BACON to provide liquidity on DEXes.  Basically this just means you provide your coins to the pool so others can use them. You still keep your coins.

We started Home with the vision to make a totally new, decentralized way for people to help each other buy a home. Throughout history, communities have helped each other with housing — from neighbor’s raising a barn together to a simple housewarming gift to today’s overly complex mortgage financing system.

Despite much media commentary to the contrary, the biggest impact of the Ethereum merge is not a faster or cheaper blockchain. While these outcomes are interesting from a technological perspective, none of them - whether they happen or not - will have near the impact of how money will flow differently post merge. Spoiler alert, the money is coming to you if you know where to look.