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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
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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 ...

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