Harmony proposes sunsetting its layer 1 and migrating ONE to Ethereum
Harmony proposed sunsetting its Harmony blockchain and migrating its native ONE token to Ethereum, seven years after launching its mainnet. It also proposed a final network snapshot and issuing ERC-20 ONE tokens on Ethereum.
Ethereum-compatible layer-1 network Harmony proposed sunsetting its blockchain and moving its native ONE token to Ethereum, seven years after launching its mainnet. On Sunday, Harmony proposed taking a final network snapshot, issuing ERC-20 ONE tokens on Ethereum and migrating exchange listings.