Harmony proposed shutting its layer-1 network and turning ONE into an ERC-20 token on Ethereum. Users must exit smart contracts before September 10.

Harmony proposed shutting its layer-1 network and turning ONE into an ERC-20 token on Ethereum. Users must exit smart contracts before September 10.
Polkadot leads rotation into older layer‑1s as Fed hike odds rise
#polkadot #layer1 #stablecoin
Harmony's team wants to close the seven-year-old network, migrate ONE to Ethereum and redirect emissions to an AI video business, citing state actors and AI agents.