PANews
PANews|9月 06, 2026 14:45
[Harmony Proposes Shutting Down Mainnet and Migrating ONE to Ethereum, Shifting Focus to AI Video Remix Business] Harmony has released two proposals to completely shut down its mainnet, which launched in 2019, migrate its native token ONE to Ethereum, and pivot to an AI video 'remix economy' business. The team stated that threats from nation-state attackers and AI agents are the reasons behind the plan to shut down the network. The migration plan proposes taking a snapshot at the final block of the network, covering user wallets, staking delegations, validator rewards, smart contracts, and tokens held on centralized exchanges. New ONE tokens will be airdropped to the same wallet addresses on Ethereum, and holders will not need to take any action to claim them. Delegated stakes and unclaimed rewards will be airdropped to their respective governance treasuries. The total supply and issuance rate of ONE will remain unchanged. Newly issued tokens are proposed to be used for the new business, with feedback from governance participants being taken into account.
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