Harmony Proposes Shutting Down Layer 1, Migrating ONE to Ethereum with $1.372M Validator Incentive
According to Harmony, on Sunday the Ethereum-compatible layer-1 network proposed sunsetting its blockchain and migrating its native ONE token to Ethereum as an ERC-20 token, seven years after launching its mainnet.
Under the proposal, all ONE balances would be recorded at the network's final block
ETH0.19%
GateNews·17m ago
