Question 1

Given the Horizon Bridge exploit, what is the current plan for users to recover the full value of their depegged assets, such as 1USDC or 1ETH, and when can they expect their holdings to be made whole?

Accepted Answer

Following the Horizon Bridge exploit, Harmony has shifted its recovery strategy away from an immediate, full re-peg of depegged assets. Instead, the project is implementing a long-term recovery plan, known as HIP-30. This plan focuses on allowing users to burn their depegged assets on platforms like Recovery.exchange or Modulo in exchange for either pegged versions of assets or native ONE tokens, providing a path to reclaim partial value rather than a 1:1 restoration.

Question 2

How does the HIP-30 recovery plan specifically impact the staking rewards for ONE token holders, and what changes have been implemented regarding the distribution of annual token emissions?

Accepted Answer

The HIP-30 recovery plan directly impacts staking rewards by reallocating a portion of the network's annual token emissions. Specifically, 25% of the total annual token emissions, which amounts to approximately 110 million ONE tokens, is now redirected to fund the bridge recovery initiative. This means that a smaller share of the new ONE tokens generated each year is distributed as staking rewards to validators and delegators, leading to a decrease in the overall rewards compared to the period before HIP-30's implementation.

Question 3

Harmony's 2025 roadmap mentions 'AI Agents.' Could you explain what these AI Agents are, how they function within the ecosystem, and what capabilities they will possess on the blockchain?

Accepted Answer

Harmony's vision for 'AI Agents' in its 2025 roadmap involves artificial intelligence entities that can operate autonomously on the blockchain. These agents are designed to 'own' self-custodial wallets and perform various on-chain actions, such as executing trades, managing assets, and interacting with decentralized applications without direct human intervention. The concept aims to leverage AI for automated financial operations and smart contract interactions, potentially enhancing the efficiency and capabilities of the decentralized finance landscape on Harmony.

Question 4

A common question among the community is whether Harmony continues to operate on its original four-shard architecture. What is the current status of Harmony's sharding implementation?

Accepted Answer

No, Harmony is no longer utilizing four shards. The network has undergone an optimization process involving a shard reduction. Shards 2 and 3 were recently shut down to consolidate network activity. Currently, Harmony's operations are focused on two primary shards: Shard 0, known as the Beacon Chain, and Shard 1, dedicated to decentralized finance (DeFi) activities. This consolidation aims to enhance the overall efficiency, stability, and performance of the network.

Question 5

With the discontinuation of the official Chrome extension, how can users now stake their ONE tokens using popular web3 wallets like non-custodial wallets or the Timeless Wallet?

Accepted Answer

Following the sunsetting of Harmony's official Chrome extension, users can now delegate their ONE tokens to validators primarily through popular web3 wallets that support the Harmony network, such as various non-custodial browser extensions, or the specialized Timeless Wallet. The process typically involves connecting your wallet to a staking interface or a validator dashboard, selecting your desired validator, and then delegating your ONE tokens through a series of on-chain transactions confirmed within your wallet interface. Specific guides are usually available on the Harmony documentation or community forums.

Question 6

A recurring sentiment in community discussions often questions the long-term viability of Harmony, asking if the project is still actively developing. What is the current status of project activity and developer engagement?

Accepted Answer

Despite a quieter social media presence compared to its peak in 2021, Harmony remains an active project with ongoing development. Regular technical reports, such as those released in Q1 2024 and 2025, along with continuous updates to features like 'Open Staking,' demonstrate consistent developer activity. These reports provide insights into network optimizations, roadmap progress, and ongoing improvements, countering the sentiment that the project might be inactive. The team continues to build out its vision for high-speed DeFi and AI integrations.

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