Simple Way To Earn More From Your Staked One | Harmony One

For this article to make sense please note:

Harmony Protocol < ONE Token < Tranquil Finance < stONE

Harmony Protocol: Is a blockchain and ecosystem designed to facilitate the creation and use of decentralized applications (DApps)

ONE Token (One): Is the native token of the blockchain used for transaction fees, governance, and staking.

Tranquil Finance: Is a DApp created on Harmony Protocol. Tranquil finance is a money market and liquid staking protocol. Now part of the Defira metaverse.

stONE: Is a liquid staking derivative, generated when a user stakes their ONE tokens via the Tranquil Finance app.

Now lets get into it!

How To Earn More From Your One Tokens

Before stONE, ONE holders looking to increase their stack had to choose between two distinct options:

1. They could either stake their ONE for an average of 9–10% APR (and a 7 epoch undelegation time once they wanted their ONE back in their wallets)
2. They could use it to participate in the network (by buying and selling other tokens of the network, providing liquidity in pairs, lending it out…).