Harmony proposes ending network, sets Sept. 10, 2026, exit deadline

  • Harmony proposes terminating its blockchain network because of AI and nation-state threats.
  • Harmony sets Sept. 10, 2026, as the deadline for users to exit smart contracts.
  • Harmony plans to distribute $1.372 million over four quarters to eligible validators and delegators.

Harmony, a Layer-1 blockchain project, says threats from AI agents and nation-state actors have reached a level that prevents the network from continuing to operate. Its nonbinding proposal asks users to exit smart contracts (self-executing blockchain code) by Sept. 10, 2026, and would migrate ONE to Ethereum. Replacement-token allocations would be based on balances recorded at the network’s final block and airdropped to the same wallet addresses on Ethereum, covering wallets, staked tokens, validator rewards, smart contracts and centralized-exchange holdings. Multisignature insurance vaults, liquidity pools and on-chain applications would not be transferable. Harmony also proposes distributing $1.372 million from a funding pool over four quarters to eligible validators and delegators, provided they maintain their stake, sign an agreement and serve as governors. ONE’s total supply and release rate would remain unchanged, with released tokens allocated to The Remix Economy for AI Video program.

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Harmony proposes ending network, sets Sept. 10, 2026, exit deadline - CoinPost Terminal