Harmony ONE to W Green Pay WGP Exchange

Crypto Pair Details: ONE to WGP

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.

W Green Pay WGP

W Green Pay users will be able to spend tokens as a payment method anywhere in the world as the platform is progressively rolled out globally with the continued expansion of supporters and contributors to the HOOXI Campaign. W Green Pay is already used as the exclusive payment method on HOOXI Shopping Mall integrated in the HOOXI App. Hodlers of W Green Pay will have exclusive access to W-Foundation’s HOOXI Campaign events, which are highly valued events orchestrated by W- Foundation’s existing global community of sponsors, partners, and K-POP followers. Demand for W Green Pay is also expected to remain stable and consistent. Issuer will continue to buy back the tokens to expand the reward pool to the HOOXI App users to further motivate the public to participate in environmental actions.

SOURCE: COINGECKO

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