Harmony ONEs,
We are writing to seek feedback on our roadmap on cross-chain and cross-exchange initiatives.
In short, we are building trustless bridges to Bitcoin, Ethereum and Binance chains for broader access of users and assets to decentralized finance. Our consumer product is a cross-chain exchange without custodial risks. Later we will be putting centralized exchanges’ order books on chain for cross-exchange arbitrage and fiat cash-flow management.
Below we review our 2020 milestones before diving into the two broad products we are building. We conclude with our progress on decentralization and some notable reference on the current fintech revolution.
Milestones of Open Staking & DeFi
Since Harmony Mainnet launch in June 2019, we have worked non-stop to bring validators and products to Harmony. …
In August, we continue to execute our roadmap, building the foundations for cross-border finance accessible to millions:
- 📈 Launched ONE on Binance.US with USD fiat, USDT & BUSD pairs
- 💎 Built Maker/Curve/Balancer/Yearn demos on mainnet
- 👩👩👧👦 Supported 7 $25k grants on wallets, bridges & cross-border remittances
- 🔂 Integrating Chainlink oracle for cross-chain DeFi liquidity
🚀 Binance.US Listing
We launched on Binance.US, one of the most respected and regulatory compliant exchanges. ONE can now be purchased with US Dollars and available to US citizens. Getting listed on Binance.US is an important step in fulfilling our cross-border finance goals.
Sending money to a relative is one of the most basic and important financial transactions a person can make. Blockchain has the potential to make it much easier and cheaper. Harmony is well positioned to make this a reality throughout the world thanks to our combination of fast transactions and low fees. …
- ⏳ Achieved 5-second transaction finality on mainnet
- 🚀 Launched official Harmony #1wallet with HRC20 support
- 🏗️ Building cross-chain bridges for Binance and Rupiah stablecoins
- 📺 Published 3 #DeFi video series with Cami Russo at Defiant News
Before we unpack July’s progress, let us review the goals Harmony set out in January. Our goals in 2020 are cross-border utility and decentralized development. What did we do in July that got us closer to accomplishing our 2020 goals?
🇮🇩 Partnered for Indonesia Stablecoin
We announced a partnership with Rupiah Token, a non-US stablecoin representing the Indonesian Rupiah with one-for-one custodial backing. …
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