Harmony ONE
Applications and network fees.
Harmony is a public blockchain for smart-contract applications and digital transfers. ONE is its native coin.
What is Harmony?
Harmony runs smart-contract applications and uses proof of stake to coordinate network participation. ONE pays transaction fees and can be delegated to validators under the network’s staking rules.
Staking does not guarantee profit. Validator behavior, withdrawal rules, application failures, bridges, and changes in ONE’s value can cause losses.
Why people pay attention
Applications
Developers can build smart-contract services.
Network fees
ONE pays for activity on Harmony.
Delegation
Holders can delegate ONE to participating validators.
Origins & development
Harmony’s mainnet launched in June 2019. Its network software and ecosystem have changed since then; older wallet and bridge guides should not be assumed current.
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