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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	0.00165795407
1	0.01657954070
2	0.03315908141
5	0.08289770353
10	0.16579540706
20	0.33159081413
50	0.82897703532
100	1.66
1000	16.58

USD	ONE
0.1	6.03
1	60.32
2	120.63
5	301.58
10	603.15
20	1,206.31
50	3,015.77
100	6,031.53
1000	60,315.30

Harmony Converter

ONE to USD Price Chart

Price Performance

Price Performance

ONE to USD Conversion Table

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