BitMax.io (BTMX.io) Will Support Harmony ONE Token Swap

BitMax.io (BTMX.io), a leading digital asset trading platform, has announced it will support Harmony mainnet integration and token swap on December 6, 2019. Prior to 10 a.m. EDT, December 6, 2019, ONE token holders can deposit their BEP2 ONE tokens to BitMax.io accounts, and the platform will facilitate a swap from BEP2 to ONE mainnet tokens. Thereafter, BitMax.io (BTMX.io) will continue to facilitate Harmony ONE token swap, and enable deposit of BEP2 ONE tokens and ONE mainnet tokens at the same time, BEP2 ONE tokens held on BitMax.io (BTMX.io) will automatically be swapped to ONE mainnet tokens.

BitMax.io’s facilitation of the token swap comes in response to the release of Harmony’s new token economics model which will enable staking on the Harmony mainnet. Staking will allow ONE token holders to earn token rewards by delegating ONE tokens to validators. For more details, please see Harmony’s official medium post on the matter: harmony.one/economic.

As one of the first trading platforms to support Harmony through listing, BitMax.io will continue its strategic partnership with the Harmony network by participating in staking and running validation nodes. Stay tuned for further announcements regarding the ability of BitMax.io platform users to delegate ONE (and other select assets) to BitMax validation nodes in order to generate passive yield from assets deposited on the platform.

Original Source: https://coingape.com/bitmax-io-btmx-io-will-support-harmony-one-token-swap/