Harmony has proposed retiring its layer-1 blockchain after seven years and migrating ONE to Ethereum, citing security threats from state actors and AI agents. A final-block snapshot would support an ERC-20 airdrop to equivalent Ethereum addresses for ONE held in wallets, staking delegations, validator rewards, smart contracts and centralized exchanges, while delegated stakes and unclaimed rewards would enter individual governor vaults. Multisignature safes, liquidity pools and applications cannot migrate, and users have been urged to exit smart contracts by Sept. 10, when validators may begin shutting down nodes. The nonbinding plan follows Harmony’s August rollback after unauthorized ONE issuance and an ongoing reconciliation with exchanges. Harmony has revised the exchange-related ONE gap tied to the Aug. 11 incident to 6.581 billion from about 10.234 billion, while stressing that the adjustment does not represent recovered funds. Future emissions would fund the proposed Remix Economy for AI Video, while ONE’s total supply and emission rate would remain unchanged.