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API ID:

harmony

Trade Symbol:

Coin or Token:

Max Supply:

Use Case:

Launch Date:

Coin Overview

ONE

Token

No fixed cap

Decentralized applications

Jun. 2019

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Harmony

Harmony (ONE) is a fast and scalable blockchain built for decentralized apps—like online stores, games, or finance tools on the blockchain. It’s designed to split work into parts—called sharding—so the network can process transactions in just seconds and at very low cost. The ONE token is used to pay fees, secure the network through staking, and participate in governance decisions.


A Deeper Dive

Stephen Tse and the Harmony Team
Stephen Tse and the Harmony Team

Technology & Use Case

Harmony is a high-performance blockchain that achieves speed and low fees using state sharding—splitting the network’s data across smaller groups of computers. Basically, Harmony is what powers apps that need speed and scale.


Origins & Team

Harmony was founded in 2018 by Stephen Tse, along with co-founders Rongjian Lan, Nick White, and Sahil Dewan — all experienced infrastructure engineers from Google, Amazon, Apple, and Facebook. The mainnet went live in June 2019, and staking opened in 2020.


Ecosystem & Partnerships

ONE is Harmony's native token used for transaction fees, staking rewards, and governance voting. Harmony’s inflation rate targets around 3% annually with an annual token issuance cap of ~441 million ONE, and all transaction fees are burned to reduce inflation pressure. The network supports fast cross-shard communication and plans to enhance cross-chain bridges in the future.


A Deeper Dive

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