The Harmony team said they listened to the community and made the appropriate changes.
Harmony Protocol, which suffered a hack in June, has shared an update on its recovery plan for the community.amended recovery proposal
published in a Medium blog post on Friday , the Harmony team said there are no plans to mint additional ONE tokens, nor would there be a hard fork. The latest development shows a shift from an earlier recovery plan in July, which proposed a hard fork to mint billions of ONE tokens. However, the communityHarmony, in this week’s update, said the team listened to the concerns shared by the community and validators and stated plans to use the treasury for development and recovery.
“We are committed to building Harmony for many years, to leverage our chain’s unique scaling advantages of uniform sharding and realize our long-term vision of network adoption and ecosystem growth. To do this, we plan to commit our treasury both to development, to make Harmony the best scaling network possible, and to recovery.”
Also, the team promised to provide a more detailed update in the coming days and find the mechanics that would ensure the proper deployment of funds allocated for recovery.
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