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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.

Harmony

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ONE	USD
0.1	0.00250546417
1	0.02505464177
2	0.05010928354
5	0.12527320886
10	0.25054641773
20	0.50109283546
50	1.25
100	2.51
1000	25.05

USD	ONE
0.1	3.99
1	39.91
2	79.83
5	199.56
10	399.13
20	798.26
50	1,995.64
100	3,991.28
1000	39,912.76

Harmony Converter

ONE to USD Price Chart

Price Performance

Price Performance

ONE to USD Conversion Table

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