Question 1

What is it?

Accepted Answer

Harmony (ONE) is a digital currency or token used within the Harmony network, a platform designed for the creation and use of decentralized applications (DApps). Harmony operates as a fast and secure blockchain platform designed to facilitate the creation and use of decentralized applications with a focus on scalability and low latency.

Harmony utilizes a full-stack approach to scaling, inclusive of Secure Random State Sharding and Effective Proof-of-Stake (EPoS) for consensus. With this structure, it aims to provide a high-throughput, low-latency, and low-fee consensus platform designed to power a decentralized economy.

The ONE token is an integral part of this network, used for various purposes like transaction fees, staking, and governance.

Question 2

What is it used for?

Accepted Answer

The Harmony ONE token serves multiple purposes within the Harmony network. It is used as the network's native currency, paying for transaction fees and used in staking, which is a mechanism that secures the network and incentivizes user participation.

Staking ONE allows participants to support the network's operation, help validate transactions, and earn rewards in return. It also plays a role in governance, with token holders having the right to vote on various protocol decisions, empowering the community and ensuring a democratic process within the system.

Question 3

Who created it?

Accepted Answer

Harmony was founded by a team of engineers and academics from universities like Harvard and Stanford and companies such as Google and Amazon. The team is led by Stephen Tse, who previously worked at Google and was the principal researcher for infrastructure at Apple.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	ONE-USDT ONEUSDT	binance	AA	0.001279USDT	-3.25%	666,784,617.80ONE	19,992	0.001322USDT	0.001334USDT
2	ONE-TRY ONETRY	binance	AA	0.06351TRY	-3.20%	575,243,346.80ONE	5,792	0.06561TRY	0.06610TRY
3	ONE-USDT ONE-USDT	okex	A	0.001276USDT	-2.89%	63,644,637.51ONE	3,904	0.001314USDT	0.001331USDT
4	ONE-USDT ONE-USDT	kucoin	BB	0.001283USDT	-2.58%	37,200,311.05ONE	805	0.001317USDT	0.001330USDT
5	ONE-USD ONE_USD	cryptodotcom	AA	0.001276USD	-4.56%	8,523,990.00ONE	88	0.001337USD	0.001337USD
6	ONE-USDT ONE_USDT	gateio	A	0.001285USDT	-2.24%	7,756,778.00ONE	256	0.001314USDT	0.001334USDT
7	ONE-USDT ONE_USDT	cryptodotcom	AA	0.001300USDT	0.00%	0ONE	0	0.001300USDT	0.001300USDT
8	ONE-USDC ONE-USDC	okex	A	0.001273USDC	-4.21%	295,033.98ONE	18	0.001329USDC	0.001329USDC
9	ONE-EUR ONE-EUR	okex	A	0.001148EUR	-2.30%	102,006.08ONE	90	0.001175EUR	0.001180EUR
10	ONE-USD ONEUSD	cexio	BB	0.001282USD	0.66%	15,132.00ONE	1	0.001273USD	0.001282USD
11	ONE-USDT ONEUSDT	cexio	BB	0.001278USDT	-2.47%	12,804.00ONE	1	0.001310USDT	0.001310USDT
12	ONE-USDT oneusdt	huobipro	C	0.001287USDT	-2.13%	644,616,278.12ONE	14,586	0.001315USDT	0.001331USDT
13	ONE-USDT ONE_USDT	bitunix	C	0.001279USDT	-3.25%	74,469,608.10ONE	7,098	0.001322USDT	0.001335USDT
14	ONE-USDT ONEUSDT	mexc	C	0.001278USDT	-3.20%	54,932,198.51ONE	3,575	0.001320USDT	0.001333USDT
15	ONE-USDT ONEUSDT	binanceusa	B	0.001280USDT	100.94%	71,681,139.80ONE	287	0.0₃6370USDT	0.001293USDT
16	ONE-USDT ONE-USDT	bingx	D	0.001277USDT	-3.48%	43,229,330.00ONE	7,318	0.001323USDT	0.001336USDT
17	ONE-USDT one_usdt	xtpub	-	0.001279USDT	-3.25%	22,782,249.70ONE	3,098	0.001322USDT	0.001333USDT
18	ONE-USD ONEUSD	binanceusa	B	0.001251USD	102.10%	15,760,703.30ONE	85	0.0₃6190USD	0.001300USD
19	ONE-USDT ONEUSDT	bitrue	D	0.001279USDT	-3.25%	4,894,152.10ONE	1,680	0.001322USDT	0.001333USDT
20	ONE-INR ONEINR	coindcx	-	0.1310INR	-1.99%	1,244,015.94ONE	158	0.1336INR	0.1366INR
21	ONE-KRW one_krw	korbit	C	141.00KRW	1.37%	66,479.36ONE	119	139.10KRW	141.00KRW