Harmony Proposes to Shut Down Mainnet and Migrate ONE Token to Ethereum, Pivoting to AI Video Business
- Harmony has released two proposals to shut down its mainnet that has been operational since 2019, citing threats from state-level attackers and AI agents as reasons.
- The migration plan will take a snapshot of user wallets, staking delegations, validator rewards, and smart contracts, then airdrop equivalent ONE tokens to the same addresses on Ethereum without requiring active claims.
- Multi-signature wallets, liquidity pools, and on-chain applications cannot be migrated; users must exit all smart contracts by September 10, 2026, with validators able to stop running nodes from that date.
- Harmony will establish a $1.372 million compensation pool to pay validators and delegators over four quarters who shut down on time and commit to governing the new project.
- The new business model will focus on an AI video 'mashup economy' where AI agents expand video stories from user-created materials, with operators earning rewards based on service uptime and staking requirements.
Harmony announced plans to shut down its mainnet operational since 2019 and migrate its native ONE token to Ethereum. The team cited threats from state-level attackers and AI agents as primary reasons for the shutdown. Two non-binding proposals have been released, though plans may still be adjusted.
The token migration will capture a snapshot of all user wallets, staking delegations, validator rewards, and smart contracts at the network's final block, then airdrop equivalent ONE tokens to corresponding Ethereum addresses automatically. However, multi-signature wallets, liquidity pools, and on-chain applications cannot be migrated. Users are required to exit all smart contracts by September 10, 2026, with validators able to cease node operations from that date. The total ONE supply and issuance rate will remain unchanged.
Harmony will compensate validators through a $1.372 million pool distributed over four quarters to those who shut down on schedule, sign agreements, maintain their stake, and serve as governors for the new project. The team plans to make token contracts, snapshot calculations, and airdrop scripts public for audit.
The company is pivoting to an AI video 'mashup economy' business where users create derivative works and AI agents expand video stories. Operators will generate and distribute content, with earnings based on service uptime and token staking. Harmony plans to subsidize GPU hardware in year one and aims to help operators generate up to $1 million in revenue annually, while promoters can earn 30% ongoing commissions from $10 monthly subscriptions they refer.
Harmony提议关闭主网并将ONE代币迁移至以太坊，转向AI视频业务
Harmony宣布计划关闭自2019年运营的主网，并将其原生代币ONE迁移至以太坊。该团队将国家级攻击者和AI代理的威胁列为主要原因。已发布两项非约束性提议，但计划仍可能调整。
代币迁移将在网络最后区块对所有用户钱包、质押委托、验证者奖励和智能合约进行快照，然后自动将等量ONE代币空投到对应的以太坊地址。但多签钱包、流动性池和链上应用无法迁移。用户需在2026年9月10日前退出所有智能合约，验证者可从该日期起停止运行节点。ONE的总供应量和发行速率将保持不变。
Harmony将通过137.2万美元的补偿池向按时关闭、签署协议、保持质押且承诺为新项目治理的验证者分四个季度支付补偿。该团队计划将代币合约、快照计算和空投脚本公开供审计。
公司正转向AI视频'混搭经济'业务，用户创建衍生作品，AI代理扩展视频故事。运营者将生成和分发内容，收益基于服务正常运行时间和代币质押。Harmony计划在第一年补贴GPU硬件，目标帮助运营者年收入达100万美元，同时推广者可从其推荐的10美元月度订阅中获得30%的持续佣金。