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Harmony Protocol Now Supports Staking At The Smart Contract Level

Twitter icon  •  Published 2 years ago  •  Hassan Maishera

The Harmony Protocol announced via Twitter yesterday that it now supports staking at the smart contract level.

The Harmony Protocol announced via Twitter yesterday that it now supports staking at the smart contract level. This latest development would enable its token holders to use Metamask to stake ONE. 

Prior to this announcement, stakers could participate in staking only by sending a special staking transaction supported by a limited number of wallets. 

Harmony is a fast and secure blockchain for decentralized applications. Harmony's main focus is on achieving scalability by dividing not only the network nodes but also the blockchain states into shards, "scaling linearly in all three aspects of machines, transactions and storage".

ONE, Harmony Protocol’s native token, is up by more than 6% in the past 24 hours and currently trades at $0.19160.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.