There are 5 different homepage layouts available in the theme, you can see them all on the theme demo.
To set up a homepage go to WP admin → Pages → Add New. Add a page title ( can be anything ), set the Template to Homepage and in the Homepage Options set the layout and amount of posts and choose the style you want and publish the page.
Now that the page is created, let's set that page to be the homepage ( front page ):
- Go to WP admin → Settings → Reading
- You will see a select dropdown called Front Page where you can choose the page you created.
- Save changes and that's it
Below is a screenshot of that section and the select dropdown field.