coinONE #342

Harmony

0.01216061736USD-6.35%-6.35%As of: Jul 19, 08:55 UTC

Key Statistics

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Harmony Converter

ONE
=
USD

About 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.
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Price Performance

1D
-6.35%
7D
1.63%
30D
21.65%
YTD
-55.71%
1Y
-17.87%
Key Statistics
24H Range
Low$0.01187487446High$0.01307846892
24h Volume
17.4M
Market Cap
178.3M
Circulating Supply
14.7B
Total Supply
14.7B
Rank
342
Market Cap Dominance
0.00%
Max Supply
N/A
Fully diluted market cap
1.5K
Hashing Algorithm
N/A
Block Time in Minutes
N/A
Volume/Market Cap
0.10
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