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Harmony blockchain lies among the few favorite chains I like to use on the daily basis. It is fast and cheap (cost per executing DeFi transaction is only around $0.0017.) It is EVM-compatible, and offers Layer 2-like solutions in terms of interoperability/cross-chain functions with Ethereum apps, and scalability. Therefore it offers the versatility investors needs when exploring various DeFi opportunities.
My experience with Harmony was nothing but pleasant. Apart from being seamless and fluid when executing transactions, the chain itself is a home to several cool projects. Among them are Defi Kingdom, Artemis, and OpenSwap. There will be more to come, I am sure. The community is up and coming, there are lots to be expected. Prominent DeFi apps like Curve and Sushi also deployed their protocols on this chain.
If you want to dip into DefiKingdom and friends on Harmony, this is what you need to do.
Setting up wallet on Harmony is slightly not straightforward. Especially if your purpose is also doing DeFi activities (staking, yield farming.)
Get an Harmony address with Harmony native wallet
Now you get an Harmony address, such as one1je8…. xxv.
Generate an Ethereum address
To be able to interact with DeFi apps, you’ll need to use the good old Etehreum’s 0x… address.
You can generate it from your existing (and newly created) Harmony address.
2. On your Harmony wallet, click three-strips menu and go to “Export private key,”
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