Harmony (ONE)

Market Cap Rank #95
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$0.126076 (-14.41%)
Price (USD)
$1,167,424,423
Market Cap (USD)
2.06%
1h change
-14.41%
24h change
-16.26%
7d change
5643.89%
1y change
Info
Price in Bitcoin: 2.25e-06 BTC
All-time high change: -43.20%
Data updated: {{ dayjs('2021-04-18T20:50:12Z').format('LLL') }}
Key Values of Harmony
Low 24h High 24h All-Time High (Date) Market Cap Volume (24h) Circulating Supply Total Supply
$0.111195 $0.147306 $0.222092 ({{ dayjs('2021-03-29').format('LL') }}) $1,167,424,423 $201,330,000 9,407,713,959 ONE 12,636,221,766 ONE
Harmony Chart
Description
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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