Sushiswap, Viper DeFi Week, daVinci NFT, April Update

In April, Harmony made tremendous progress on building the best infrastructure for cross-chain finance.

Peter Abilla

Published in

Harmony

3 min readApr 30, 2021

Wow, April went by fast and when you ship and deliver like Harmony does, it goes by really, really fast.

Our critical milestones this month includes:

🍣 Sushiswap launched on Harmony, demonstrating our full Ethereum compatibility for deploying apps and for users accessing via Metamask.
🐍 Mochiswap has fully implemented Gnosis multi-sig and Viper DeFi week launched yield farming pairs for top DeFi tokens on Harmony.
📈 We also partnered with Injective Protocol for derivatives, OIN for ONE-backed stablecoin, and Raze Network for privacy payments.
🌉 Harmony’s bridge has surpassed $15 million bridged with over 2,800 transactions through organic growth, signaling the future of cross-chain finance is already here.

🚀 Ecosystem Product Launches

🧑‍🚀 Our Harmonaut ONE family is now 315,000 strong, growing 75% overall to 137K+ on Twitter, 17K+ on Telegram, 17K+ on Reddit, email subscribers, website visitors, and many more on our other social channels — our influence and reach continues to expand month over month.

The community continues to launch:

MochiSwap: has implemented Gnosis multi-sig and reached $14 million total value locked. Their community has also launched ONEmoon for community driven and deflationary rewards.

ViperSwap: launched many of the major DeFi assets pairs with ONE/1WBTC, VIPER/1SNX/11INCH/1YFI/1UNI/1SUSHI/1AAVE/1LINK/1CAKE. It is also now the very first HRC-20 token to utilize governance.harmony.one for on-chain governance and has $22 million total value locked.

daVinci: daVinci NFT has launched Gallery, showcasing the leading animator of Rick and Morty, and eco-friendly NFT artists Joanie Lemercier. daVinci allows artists to mint/create NFTs incredibly low fees and 2 seconds finality. Thus far, over 750 artists have minted 6,500 NFTs.

🤝 Partnerships Announcements

We partnered with Benchmark Protocol to give developers and applications an option of using an algorithmic rebase currency in its applications. Benchmark Protocol is a project that aims to mitigate liquidation and hedge risk with the MARK token, a supply elastic stablecoin alternative.

SushiSwap is one of the top decentralized exchanges (DEX), on Harmony, offering Harmony users with yet another trading option in its growing suite of DeFi applications. Sushi’s numbers are very impressive. It has $4.55 Billion in liquidity over 921 trading pairs and its daily volume is $237 million.

Another new partner is Injective Protocol, an innovative Layer-2 decentralized exchange, offering a wide array of financial derivatives. What does this mean for Harmony users? They can now find new channels for native Harmony assets, such as the ONE token with hedging features or trading across other layer-1 protocols.

We recently partnered with SWFT Blockchain. SWFT’s DeFi Swap platform now supports swap ONE with 300+ cryptocurrencies. In addition, you can also use the platform to use ONE swaps, red packets, and payments.

Raze Network integrated with Harmony to provide cross-chain payment privacy for the entire DeFi stack of the Polkadot ecosystem. This will allow the Harmony community to set up a Private Account, and take advantage of the Private Payment Channel.

Lastly, OIN Finance will be deploying on Harmony, to create a ONE-backed or ONE-denominated stablecoin. This helps us grow our Defi ecosystem and helps us establish an important Defi primitive that can be used in all other Defi protocols.

📺 In the Media

Earlier in the month, CryptosRUs interviewed Stephen Tse. Stephen talked about Harmony’s upcoming plans with Defi and NFT, his thoughts on why Harmony stands out, and how Harmony’s blockchain is unique from all others.

We continue to host our our weekly leadership and partner AMAs on Reddit. We will continue these AMAs with our leadership on the Harmony Telegram channel during the month of May.

Become ONE with Harmony

Developers can build on Harmony today, a fast and open blockchain for decentralized applications. Harmony Mainnet supports state sharding with instant finality. Our staking mechanism reduces centralization while supporting delegation and slashing.

Got an idea? Build it on Harmony and apply for a grant.

We ❤️ Developers.