Harmony

Harmony (ONE)

What is 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 & 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 & 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.

Key Facts & Snapshot

• Symbol: ONE
• CoinGecko id: harmony
• Market cap rank (CoinGecko): #627
• Categories: Smart Contract Platform, Layer 1 (L1), Harmony Ecosystem, Animoca Brands Portfolio, Binance Launchpad, YZi Labs (Prev. Binance Labs) Portfolio, Made in USA
• Circulating supply (snapshot): 14,870,211,426
• Total supply (snapshot): 14,870,212,770
• All-time high (USD, CoinGecko): $0.3790 (Oct 26, 2021)
• All-time low (USD, CoinGecko): $0.001274 (Mar 13, 2020)

Market (USD snapshot)

• Market cap (USD, snapshot): $30.60M
• 24h volume (USD, snapshot): $2.24M
• Fully diluted valuation (USD, snapshot): $30.60M
• 24h price change (snapshot): -3.36%

Network & protocol

• Country of origin (CoinGecko): US

Community & code (CoinGecko)

• Telegram members (CoinGecko): 12,351
• GitHub stars (main repo, CoinGecko): 1,453
• GitHub forks (main repo, CoinGecko): 287

Official & Community Links

• Official website
• Block explorer / chain info
• Reddit
• Telegram

Learn More

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