Harmony Protocol Introduces Multisig Staking

Twitter icon  •  Published il y a 1 an  •  Hassan Maishera

Harmony Protocol announced via a Medium post on Thursday that it has introduced multisign staking on its blockchain.

Harmony Protocol announced via a Medium post on Thursday that it has introduced multisign staking on its blockchain. The team said ONE tokens in the Multisig wallets could also be staked to earn the staking rewards. Thus creating a huge impact for users with Multisig wallets, especially DAOs, which can utilize Multisig staking to stake their funds and have self-sustaining income generation, the Harmony team added. 

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 1% in the past 24 hours and currently trades at $0.03925.

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.