Wrapped One
W-ONE is "wrapped Harmony ONE", a HRC-20 fungible token minted on Harmony.
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.
Symbol |
wone |
Current Price |
$0.01875751 |
Market Cap |
$0 |
Market Cap Rank |
|
24h Change |
-3.51%
|
Circulating Supply |
0 |
Total Supply |
244,255,327 |
All-Time High |
$0.38105400 |
All-Time Low |
$0.00847375 |
Twitter Followers |
393,096 |
Last Updated |
2024-06-09T15:03:11.422Z |
Developer Data
Forks |
286 |
Stars |
1464 |
Subscribers |
91 |
Total Issues |
1195 |
Closed Issues |
1125 |
Pull Requests Merged |
2832 |
Pull Request Contributors |
78 |
Commit Count (Last 4 Weeks) |
0 |