05/30/2024
BTC67,989.0
ETH3,923.76
USDT0.998912
BNB594.37
SOL171.09
USDC1.0
XRP0.537005
DOGE0.171579
BUSD1.004

Harmony (ONE) Price

ONE
4,5
$0.02283245
Market cap
282,093,030.0
Total volume
6,735,879
Circulating supply
12,305,426,115
Total supply
13,156,044,839
Harmony's innovative and decentralized platform is powered by its own unique currency, the Harmony ONE token. This currency plays a pivotal role in rewarding and motivating various stakeholders within the ecosystem, including developers, validators/stakers, investors, and members of the community who contribute to the development, security, and governance of the network. To interact with the platform, users are required to pay nominal fees for transactions, which are charged in Harmony's native token.

The high-efficiency, scalable framework of Harmony is driven by its native token, serving multiple roles within the system including staking, payment for transaction fees, and involvement in the network's voting & governance processes.

By leveraging blockchain technology, Harmony aims to create a harmonious alignment between various users, developers, and enterprises, facilitating the creation of open marketplaces for both fungible and non-fungible tokens and assets. Additionally, the anticipated integration of zero-knowledge proofs promises to transform Harmony into a secure data sharing platform, tackling the age-old dilemma of mutual distrust among market participants—a reluctance to share data despite a keen interest in accessing data from others.

In the realm of Harmony's protocol, the token plays several crucial roles:

Staking with the token is essential for engaging in the POS consensus mechanism, enabling participants to receive block rewards and transaction fees.
Transaction fees, along with costs for gas and storage, are also settled using the token.
The token empowers users with the right to vote in the on-chain governance system of the protocol.

Homepage: https://harmony.one/
Twitter: harmonyprotocol
Telegram: harmony_one
Reddit: harmony

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