Egypt: Devaluation, Financial Support Mitigate Near-term Risks, But Challenges Remain

Georgia’s Credit Outlook Constrained By Geopolitical Sensitivities, Institutional Risks

France: Higher-than-expected 2023 Deficit Tests Fiscal Targets

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March CPI Report: A Crucial Moment for Gold Investors

Japan: Improved Inflation And Positive Effects For Debt Sustainability Underpin Stable Outlook

Middle East Crisis: Geopolitics Remains a Downside Risk for the Global Economic and Credit Outlook

Extended High Interest Rates Forecast to Impact Economic Stability

STARTRADER Is Soon to Shine at Money Expo Colombia 2024

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Evolution and Current State of Global Crypto Adoption

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Crude Inventories Fall By 6.4 Million Barrels

FXOpen Expands Share CFD Offering to Include Hong Kong Shares

US GDP Growth Starts 2024 Below Expectations

Pending Home Sales Increased 3.4% In March, Beating Analyst Expectations

Tech Giants Excel: Alphabet’s Dividend, Microsoft’s AI Growth, Snap’s Q1 Surge

The Week Ahead: US Jobs Report, the Fed, China Stats, and Yen Intervention Chatter

Fed Inflation Gauge Surges to 2.8% in March, Surpassing Expectations

Michigan Consumer Confidence Drops To 77.2 In April, Missing Analyst Expectations

Five Things to Know in Crypto This Week: BTC-Spot ETF Outflows Continue

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Solana Price Forecast: SOL Losses $20B in April, is the Worst Over?

Crypto Market Recap: Ripple (XRP), SHIB and Binance Seize the Limelight

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Eurozone Economic Sentiment Indicator Falls to 95.6 in April

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Crypto Market Retreats Due to Overhang of Sellers

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Gold Prices Forecast: Short-Term Forecast Tied to U.S. Dollar, Fed Moves

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Nasdaq Index, Dow Jones, S&P 500 News: Pre-market Surge for Tesla, Apple Reflects Market Optimism

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Dallas Fed Manufacturing Index Drops To -14.5 In April, Missing Analyst Expectations

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NASDAQ Index, SP500, Dow Jones Forecasts – SP500 Is Mostly Flat Despite Tesla’s Rally

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XRP News Today: Legal Battle Intensifies as SEC Counters Ripple’s Motion to Strike

China Caixin Manufacturing PMI Climbs to 51.4 in April

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German Retail Sales Rise by 1.8% in March on Food Sales

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Harmony’s open, decentralized network is enabled through the use of the native protocol token - Harmony ONE. The token incentivizes and rewards a variety of participants including developers, validators/stakers, investors, and community members who develop, secure and govern the network. In order to use the network, users pay a small transaction fee denominated in the native Harmony token.

Harmony’s scalable, high-throughput protocol is powered by a native token which is used for various forms of payment and participation in the protocol (staking, transaction fees, voting & governance).

Harmony uses blockchain to align incentives of different stakeholders, developers and businesses while allowing them to build open marketplaces of fungible and non-fungible tokens and assets. Furthermore, the upcoming application of zero-knowledge proofs will allow Harmony to become a data sharing platform that can overcome the conflicting problem plaguing many information and data markets: that individual market participants’ have mutual distrust to share data but strong desire to acquire data themselves.

The Harmony token will function in the following aspects of the protocol:

The token is used for staking, which is necessary to participate in the POS consensus & earn block rewards and transaction fees.
The token is used to pay for transaction fees, gas and storage fees.
The token is used in voting for on-chain governance of the protocol.

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