Harmony ONE to APIS APIS Exchange

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Crypto Pair Details: ONE to APIS

Harmony ONE

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.



APIS APIS

APIS can be thought of as a masternode mediation platform that enables a wide array of crypto enthusiasts to gain access to a two-tier incentivized network, also known as the Masternode Network. As readers may know, the term “masternodes” refers to the nodes contained in a crypto network that fulfill a specific function beyond simply relaying transactions. The most striking feature of a masternode is its ability to help investors to acquire stable profits by virtue of simply locking up their holdings in the masternode for a fixed amount of time. While this may sound like a lucrative proposition, it should be clearly understood that hosting a masternode is out of reach for the average investor since it requires a substantial amount of financial capital and technical prowess. APIS, also sometimes referred to as APIS Core, has been designed atop the Ethereum public blockchain and serves as a masternode mediation platform that aims to help individual and corporate investors utilize their assets with desired masternodes easily and effectively. The platform can be accessed via a host of digital mediums including PCs, laptops, and smartphones, allowing users to maximize their overall profits while on the move.

SOURCE: COINGECKO



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