BuddyPress.org

I have simple index.php like below, but the main page is not showing the buddypress members.
Any hints welcome.
(I have tried the chatgpt standard hints)

<?php

get_header();
?>

<div id="primary" class="content-area">
    <main id="main" class="site-main">

        <?php if (have_posts()) : while (have_posts()) : the_post(); ?>
            <article>
                <div class="entry-content">
                    <?php the_content();?>
                </div>
            </article>
        <?php endwhile; endif; ?>

        <?php if ( is_home() && function_exists( 'bp_members_loop' ) ) : ?>
            <div class="members-loop">
                <?php bp_members_loop(); ?>
            </div>
        <?php endif; ?>

    </main><!-- #main -->
</div><!-- #primary -->

<?php
get_footer();