Harmony proposes to shut its Layer 1. The ONE token would migrate to Ethereum as an ERC-20. The Block, on Sunday 6 September, has the announcement. The project’s line: « The threats posed by state actors and AI agents are too great. » This is not a voted burial yet. The Block, CryptoBreaking and CryptoTimes call the papers non-binding proposals. Seven years of chain: mainnet 2019.

Behind the « AI agents » formula sits August. A cross-shard receipt exploit forged about 3.01 trillion ONE. A rollback erased more than 109,000 legitimate transactions. BigGo: a loss cited around $3.2 million, 26% of circulating supply minted. That is the file. The rest is a plan.

What would migrate, what would not

Snapshot at the last block: wallets, staking delegations, validator rewards, contracts, exchange balances. An airdrop of a new ONE on Ethereum, same address, no claim. Delegated stakes and unclaimed rewards: « governor » vaults. Exchange listings: migrated, the project says. Not migrated: liquidity pools, multisig safes, on-chain apps. Harmony tells users to exit smart contracts before 10 September. A drainer posing as the « official claim » has nothing to do with this airdrop: there is no claim.

Validators may stop from 10 September, 7 a.m. Pacific. Compensation pool: $1.37 million for those who sign, keep the stake, become governors. The Block: the project also names an « AI video » initiative as a destination. We quote it. We do not describe a product we have not seen.

Threats from state actors and AI agents too great. Snapshot. Airdrop. Pools, no.— Harmony, 6 September 2026, via The Block

What is held

Supply and the emission rate, Harmony says, do not change. Ethereum contracts, vaults, airdrop scripts: promised for public audit. Historical backers cited by CryptoBriefing: YZi Labs (ex-Binance Labs), HashKey, Animoca. CryptoNews.net recalls the published governance rules: 51% of stake to participate, 66.7% to pass, a seven-day introduction, a fourteen-day vote. Harmony, in the announcement, did not say when the final block would be produced, nor whether the sunset would go to a validator vote. This is not a price guarantee. This is not an airdrop to chase on a fake site.

  • Held: sunset proposal, ONE migration to Ethereum, 10 Sept. for nodes (7 a.m. Pacific), $1.37m, August exploit / rollback, 3.01 trillion ONE, pools not migrated, non-binding proposals.
  • Not held: that the vote is already closed. A ONE price target. That « AI » is the sole cause, aside from the exploit. A date for the last block.

Sources: The Block, CryptoBreaking, CryptoTimes, BigGo, CryptoBriefing, CryptoNews.net. Nothing here is investment advice. Check the Ethereum contract before you sign anything.