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.
What makes the Coin Loan Bank unique? Offering multiple services on multiple levels - that is why we are unique. For our investors we provide the following options to choose from: 1) Convertible Bond The Convertible Bond guarantees two options for investors after a contract term of at least 12 months. Risk-free and totally at your discretion to choose how to proceed. 2) Cancel your contract anytime 3) Loan services 100% of the capital of CB contract 4) CLB Shop ( CLBshop.com, CLBshop.co.kr) 5) Company payback on all paid fees, in CLB Coin