Harmony ONE (ONE) - Binance Crypto Token [0x03fF0ff224f904be3118461335064bB48Df47938]

Harmony ONE - Coin Information

Harmony ONE [0x03fF0ff224f904be3118461335064bB48Df47938]

Blockchain

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Launch

Description

W-ONE is &amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;#34;wrapped Harmony ONE&amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;#34;, a HRC-20 fungible token minted on Harmony.
Harmony’s open, decentralized network is enabled through the use of the native protocol token - Harmony ONE. The token incentivizes and rewards a variety of participants including developers, validators/stakers, investors, and community members who develop, secure and govern the network. In order to use the network, users pay a small transaction fee denominated in the native Harmony token.

Harmony’s scalable, high-throughput protocol is powered by a native token which is used for various forms of payment and participation in the protocol (staking, transaction fees, voting &amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp; governance).

Harmony uses blockchain to align incentives of different stakeholders, developers and businesses while allowing them to build open marketplaces of fungible and non-fungible tokens and assets. Furthermore, the upcoming application of zero-knowledge proofs will allow Harmony to become a data sharing platform that can overcome the conflicting problem plaguing many information and data markets: that individual market participants’ have mutual distrust to share data but strong desire to acquire data themselves.

The Harmony token will function in the following aspects of the protocol:

The token is used for staking, which is necessary to participate in the POS consensus &amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;amp; earn block rewards and transaction fees.
The token is used to pay for transaction fees, gas and storage fees.
The token is used in voting for on-chain governance of the protocol.

Website

https://harmony.one/

Chart

https://poocoin.app/tokens/0x03fF0ff224f904be3118461335064bB48Df47938

Twitter

https://twitter.com/harmonyprotocol

https://t.me/harmony_one

https://www.reddit.com/r/harmony_one/