💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Why Harmony (ONE) Is the DeFi Ecosystem of Choice for VenomDAO

Published 02/22/2022, 07:00 AM
Updated 02/22/2022, 08:00 AM
Why Harmony (ONE) Is the DeFi Ecosystem of Choice for VenomDAO
ETH/USD
-

Blockchain technology has transformed the financial space and led to the development of a trillion-dollar industry. In addition, the concept of cryptocurrencies has evolved from an alternative to fiat currency and has extended new possibilities in digital art, gaming, and other industries.

This rapid development has also shifted from early blockchains like Ethereum to faster and scalable options like Harmony. Harmony is a layer-2 blockchain that has attained popularity among many projects seeking to build user-friendly scalable decentralized projects.

Since its launch in 2019, the Harmony ecosystem has grown and is valued at more than $2.5 billion. VenomDAO is one of the blockchain projects that has built its ecosystem on Harmony blockchain network.

Paving the Way for DeFi Adoption on Harmony

VenomDAO is one of the pioneers that leveraged Harmony blockchain at an early stage and has contributed to its growth. Some of its key products in ...

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.