DeFiato & Harmony Partnership
The next-gen centralized DeFi platform, DeFiato & Harmony partnership offers cross-chain asset transfers with Ethereum, Binance Smart Chain, Avalanche, Polygon and Solana.
Users can now enjoy an even more seamless experience when participating in DeFi services on DeFiato, further strengthening their position as a revolutionary one-stop DeFi platform.
DeFiato onboards $ONE, native token of Harmony
As a go-to platform for all DeFi services with its cross-chain support and upcoming fiat access, DeFiato will also be onboarding $ONE, the native token for Harmony, on Apr 25, 2022. Users will be able to deposit and withdraw $ONE from Apr 25, 2022, 8AM UTC, and participate in the DFIAT-ONE staking pool from Apr 27, 2022, 8AM UTC, directly on DeFiato via the platform’s proprietary one-click-to-farm technology. DeFiato & Harmony Partnership will help to create liquidity on the chains supported by DeFiato and accelerate the growth of Harmony.
DeFiato currently supports Ethereum, Binance Smart Chain, Polygon, Avalanche and Solana, with plans to onboard 10 more chains in H1 2022. This allows assets to be transferable across the supported chains and thus increasing liquidity and usage of $ONE and other integrated DeFi services.
Community token specially designed for the Harmony Ecosystem
Harmony, like many other layer 2 (L2) platforms, has its community token, Harmony ONE, which stresses the protocol’s objective of assisting open consensus procedures for billions of individuals throughout the world.
The ONE token is utilized as a stake in the Harmony consensus model. Holders can earn block rewards and be rewarded for keeping the system running smoothly.
The Harmony ONE token is used to pay for all platform activities and amenities, including voting, transaction fees, gas fees, staking and earning rewards.
“DeFiato exists to make more chains and protocols easily accessible for the masses. With this partnership with Harmony, DeFiato not only fulfills this mandate but also inherits additional capabilities of cross-chain interoperability that Harmony brings.”
Jeremy Khoo, CIO of DeFiato
About DeFiato
DeFiato is a next-generation Centralized DeFi (CeDeFi) platform which combines the user-friendly features of a centralized platform with the entire universe of DeFi services. It allows DeFi services such as swapping, yield farming, lending/borrowing and more to be easily accessible to all users, including those with little or no experience.
About Harmony
Harmony will enable applications which were not previously feasible on blockchain, including high-volume decentralized exchanges, interactive fair games, Visa-scale payment systems, and Internet-of-Things transactions. Harmony strives to scale trust for billions of people and create a radically fair economy.
📰 INFO
