Dear CoinEx users,
To provide you with more trading options, after rigorous reviews, CoinEx will list ONE and support deposit and withdrawal on October 28, 2021 (UTC). And its trading pair ONE/USDT and ONE/BTC will be available on the same day.
1. Deposit: 07:00 Oct 28 (UTC)
2. Withdrawal: 07:00 Oct 28 (UTC)
3. Trading pair: ONE/USDT and ONE/BTC
4. Opening method: Call Auction
a. Call Auction
07:00-10:50 Oct 28, 2021 (UTC)
Orders can be placed and canceled
10:50-11:00 Oct 28, 2021 (UTC)
Orders can be placed but cannot be canceled
11:00 Oct 28, 2021 (UTC)
Harmony is an open and fast blockchain. Its mainnet runs Ethereum applications with 2-second transaction finality and 100 times lower fees.
Harmony has transcended the blockchain trilemma by bringing the best research to production. Sharding is proven to scale blockchains without compromising security and decentralization.
We divide not only our network nodes but also the blockchain states into shards, scaling linearly in all three aspects of machines, transactions and storage.
To prevent single shard attacks, we must have a sufficiently large number of nodes per shard and cryptographic randomness to re-shard regularly. Each shard has 250 nodes for strong security guarantee against Byzantine behaviors. We use Verifiable Delay Function (VDF) for unbiasable and unpredictable shard membership.
ONE token is the native token for paying transaction fees. ONE token is the native token that’s accepted for staking and participate in open governance.
Harmony Economics Model caps the annual issuance at 441 million tokens (about 3% rate in long term). Our model gives validators a simple and predictable return. All transaction fees are burnt to offset the issuance, naturally leading to zero inflation when our network usage becomes high.
The assets in the Market Making Account will be injected Into the liquidity pool for automated market making. When the price fluctuates, there will be impermanent losses, and the amount of the two assets will change when the liquidity is removed. More details about impermanent losses
Oct 27, 2021