Homium

Each Homium token is minted at the time a shared appreciation note is funded, representing a fungible interest in a pooled portfolio of notes held by Homium Asset, LLC, the legal beneficiary of all underlying assets and proceeds. Tokens, issued on the Avalanche blockchain, certificate ownership in the LLC and are backed 1:1 by the value of secured shared appreciation in owner-occupied homes, creating a liquid mirror of home equity. Pricing is based on the portfolio’s net asset value (NAV), marked-to-market using publicly available home price indices. Homium Asset, LLC conducts quarterly tender offers to repurchase shares at NAV, subject to available proceeds.