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Harmony (ONE)

$0.01020USD
1.00000000 ONE
(-3.26 %)
Rank 134
Coin
Market Cap
$ 27,421,700
Volume 24h
$ 4,151,570
Circulating Supply
2,691,060,000
Total Supply
12,600,000,000
Harmony Chart
Description 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.

Harmony Price $0.0101995
Market Rank #134
Market Cap $ 27,421,700
Volume 24h $ 4,151,570
Circulating Supply 2,691,060,000
Total Supply 12,600,000,000
24h Change -3.26 %