Today's Harmony price is $0.019364, which is down 93% since the year began. Harmony's market cap is $236.28M. Year to date ONE volume is $72.18B. It has a market cap rank of 134 with a circulating supply of 12,201,708,140. Harmony is traded on exchanges. Harmony had an all-time high of $0.356883 6 months ago. Since the year began, Harmony has had 0% transparent volume and has been trading on 531 active markets with its highest volume trading pairs being .
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 a...nd 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.