The Harmony Protocol team announced via Twitter on Friday that it has launched its HarmonyLauncher DEX. The team said the decentralized exchange (DEX) would facilitate numerous activities such as 1:1 Swap, LP Staking and Staking & Cross-Bridge solution for the HarmonyLauncher token. The DEX allows users to earn passive income via farming, mining, staking, and providing liquidity, Harmony Protocol 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 down by more than 5% in the past 24 hours and currently trades at $0.11397