TREE NEWS update: Harmony has proposed shutting down its mainnet, live since 2019, and migrating its native token ONE to Ethereum, citing threats from state-backed attackers and AI agents. The plan includes a snapshot of wallets, staking, validator rewards, smart contracts, and CEX balances, with airdrops to the same addresses on Ethereum. Total supply and issuance rate stay unchanged, with new issuance earmarked for an AI video remixing business.
Harmony Proposes Shutting Mainnet, Moving ONE to Ethereum, Pivoting to AI Video
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