What is the ecosystem of Harmony harmony (ONE)?

Venus1100

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Harmony has completed full Ethereum tooling compatibility, allowing developers to scale their applications with low fees on Harmony.

Harmony launched several automated money markets, such as Sushiswap and Curve Finance, to help build the future of cross-chain finance, and the Harmony Explorer upgrade went live. Harmony also debuted Horizon Bridge, the first version of its Ethereum-Harmony cross-chain bridge on mainnet, which was later expanded to Binance Smart Chain (BSC). The Horizon bridge also includes a cross-chain NFT bridge that is as simple to use as the Horizon ERC20 token bridge.

Its recent integration with Chainlink simplifies the creation and execution of smart contracts with high security and reliability.

What exactly is ONE?

Harmony's native asset is ONE. It is critical to the Harmony ecosystem's fundamental economy, and users can use ONE to:

Pay platform transaction fees and gas fees.
Stake to obtain voting shares and vote in elections.
To become a validator and earn rewards, deposit the tokens.
 
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