As it has become known today, Harmony (ONE) tokens will be available for trading on Binance decentralized exchange DEX. Harmony made a proposal to the community to list ONE as a BEP2 token on May 29, and on May 30, the proposal got its formal approval from the Binance Chain validator network.
Let us remind you that Harmony is an IEO project built with an aim to deliver scalability and decentralization. The team standing behind the project views their mission in helping businesses build marketplaces of fungible tokens. It applies zero-knowledge proofs for data sharing while still ensuring a high level of the consumer’s privacy. The project is going to build a strong ecosystem via creating partnerships which will drive the adoption of the protocol.
Token Sale Results
Harmony is known for its successful token sale on Binance Launchpad that was held in a lottery format and attracted significant user’s attention. It has become the fifth token sale of Binance Launchpad this year and the second token sale held under the new lottery rules.
The token sale went through a single session, wherein participants could purchase Harmony tokens using Binance Coin. According to the reports, all 1.58 billion ONE tokens available for sale were sold to Launchpad participants who got winning lottery tickets. The IEO price was 0.003175 USD per token.
The ticket claim process was opened for a 24-hour period. During this time 22,891 users claimed a total number of 54,076 tickets. Just in 2 hours as it was promised, Binance Launchpad announced that there were 16,666 winning tickets. The total amount of these tickets was held by 12,977 users. As a result, the percentage of winning tickets was 30.81%.
Now, Harmony (ONE) will stand out from the crowd for being the first token available for trading on both Binance exchange and Binance DEX simultaneously. Such a move will provide traders with an option to choose the most appropriate variant for them.
Amount: 5 Million $ONE Per Day
Duration: 5 Days Starting on June 1st 04:00 AM UTC
Requirements: Binance Chain address with 100,000 or more ONEtokens trading volume (Buy & Sell) with at least 10 BNB held
— Harmony (@harmonyprotocol) May 30, 2019
The project has taken a decision to celebrate the launch and prepared a special offer for its users. In the next 5 days starting from the first day of its listing on Binance DEX, Harmony is planning to airdrop 25,000,000 ONE tokens to Binance DEX users.
For the addresses to get a chance to be eligible for getting ONE tokens it is necessary to hold a minimum of 10 BNB and reach a trading volume of 100,000 or more Harmony (ONE) tokens (including buys & sells) on Binance DEX. Each day all the Binance Chain that meet the above-mentioned requirements will equally share a pool of 5,000,000 ONE tokens.
According to the company, rewards will be automatically airdropped to eligible addresses.