Q4 on Harmony: Optimizing Consensus 🤝, Yield Enhancer 💸, Pump.ONE ❤️🔥
In Q4, the Harmony team and community achieved remarkable progress across protocol, product, and community initiatives. Key protocol advancements included leader rotation, multi-BLS validator improvements, and account abstraction, strengthening network stability and paving the way for 1-second finality. Product highlights featured the development of Pump.ONE, innovative bonding curve models, and AI agents on X.
The community played a vital role in Harmony's success this quarter. FlappyH1 surpassed 220 players and integrated NFTs for $WAGE mining, setting the stage for fully on-chain gameplay in 2025. CryptoLand DAO achieved $WAGE token milestones, contributed $150,000+ in liquidity, and expanded cross-chain via LayerZero. These efforts, combined with collaborative co-marketing campaigns and growing DeFi adoption, underscore Harmony’s commitment to building the interection of crypto ∩ ai.
Week of Dec 1st:
During the first week of December, the team focused on improving staking features, optimizing video subtitle handling, and preparing pump.fun for launch with enhancements to market cap calculations and file support. Community engagement included promoting Kilopi dApp developments, highlighting simple ONE click defi, and organizing the upcoming ONE Show space on X.
Top Team Progress:
Artem: Continuing on pump.fun fixes before the launch: fixed market cap and token price calculation, added GIF and PNG files support, added file size and type validation on the BE side, improvedtrade notification.
Frank: Completed video transcript demo with optimized subtitle handling: migrated from MoviePy per-word to FFmpeg approach using window-size text blocks, eliminating word spacing issues and subtitle flicker. Enhanced logging with ASCII text preservation and terminal escape removal. Extended CLI with SRT input support, enabling clip generation from 5-word text, raw subtitles, or SRT files.
Soph: This week, I focused on improving staking-related features and functionality. I investigated issues related to the staking "collect reward" amount and collaborated with Artem for assistance. Additionally, I submitted new feature requests to Protofire aimed at enhancing the staking experience on the explorer: 1) Support for displaying
claimed reward amounts
2)Relocating account staking precompile transaction history
from the normal transaction page to the dedicated staking transaction page 3)Displaying CollectReward, Delegate, and Undelegate amounts
on the staking transaction page.Additionally, I spent time testing and reviewing PRs aimed at resolving the multiple consensus proposal bug. However, despite these efforts, the issue remains unresolved and will require further investigation and refinements.
From @elonxcountry on X:
“elon asks, if you have ai and robotics, how do we find meaning in life. "if the computer can do everything better than you can, and the robot can do everything better than you can. but we've got a long way to go before that. and i do think it's like 80 percent likely to be a good outcome, like maybe 90.”
Week of Dec 8th:
This week, the team introduced critical updates, including enhanced stability for multi-BLS key validators and progress on unifying bridge assets with a Proxy bridge contract prototype. Community highlights featured recovery funding allocations, harmonycommunity.one, the start of Round 27 of recovery, and HeyEddie’s launch of multi-file video editing.
Top Team Progress:
Gheis: Last week, I addressed an issue with multi-BLS key validators in the consensus module that caused multiple block proposals and potential network crashes. I initially submitted PR #4810 but replaced it with PR #4811, which resolves the root cause by refining leader verification logic, ensuring efficient leader transitions, and improving debug logs.
I also simplified the leader quorum calculation for commit and prepare phases with PR #4813, replacing dynamic quorum checks with a state-based approach for better efficiency and consistency.
Lastly, I resolved a resource limit issue affecting boot nodes by introducing a resource manager to P2P configurations in PR #4815, enhancing network stability and performance.
Theo: Created base frontend for yield enhancer, shared with Artem.
Yuriy: Worked on a prototype for a new Proxy bridge contract with the ability to unify bridge assets - the main difference on the Harmony side will be the ability to link several proxy oft contracts to one token and accounting for liquidity on the side of the external chain by increasing the counter inside the contract on the Harmony side
Week of Dec 15th:
This week, the team focused on technical enhancements, including gas-optimized smart contracts for LLM API deposits, significant progress on 1-second finality, and updates to Pump.ONE and the yield enhancer. Stephen and Li shared ambitious 2025 goals, highlighting plans for AI-driven innovations, DeFi expansion, and infrastructure upgrades, while the community engaged in discussions on the Strategic Bitcoin Reserve.
Top 3 Team Progress:
Frank: Developed smart contract architecture for Harmony LLM API deposits with gas-optimized design - storing only user deposit states, operator registry, and owner withdrawal functions, eliminating tx history to minimize chain opertaions.
Konstantin: This week, I resolved excess signals in consensus and fixed a view ID bug that could cause node stalling. Progress on 1-second finality was successful, running for 96 epochs without major issues.
Artem: Pump.ONE client: added mobile version to the token details page. Explorer client - added additional fixes to Pull Request following the review from Protofire team. Yield enhancer: added historical APY calculation, added switching to harmony network on deposit request
Week of Dec 22nd:
As December wrapped up, the team showcased their 2025 vision through YouTube and Substack, highlighting onchain AI agents and simplifying DeFi on Harmony. Artem advanced Pump.ONE with trading view enhancements and wallet fixes, while Rikako developed and tested AI agents for better content highlights on Twitter. The community celebrated FlappyH1’s weekly airdrop sponsored by CryptoLand DAO.
Top 3 Team Progress:
Artem: pump.ONE client added advanced Trading view on the client side. fixed bug with Walllet connect status; started working on integration with advanced Trading View chart with candles
Alaina: Publishing the 2025 team video + Substack post.
Rikako: Worked on creating demo ai agent on twitter like @elonxai. Debugged and tested with different models (whisper) to see if any one could provide a good highlight clip extraction.
From @harmonyprotocol on X: “Happy Holidays Harmonauts!”
Q4 Team Progress:
In Q4 2024, the Harmony team achieved significant advancements in protocol stability, product innovation, and community growth. Below each member highlights their contributions to our protocol, community outreach, and product development.
Protocol & Platform
Konstantin Potapov
Successfully completed the leader rotation process, ensuring a smooth mainnet launch by enhancing synchronization mechanisms to guarantee uninterrupted block production. Introduced a bypass for inactive leaders, significantly reducing potential downtime and improving network resilience.
Additionally, I worked on improving local network development, enhancing network insights, and refining proposal signals to optimize block production for multi-BLS nodes.
Soph Neou
In Q4, I focused on enhancing staking functionality and addressing critical protocol challenges. A significant part of my efforts was dedicated to investigating consensus-related issues, particularly a bug causing multiple block proposals. While the final resolution is still in progress, my thorough analysis clarified the problem's scope and outlined actionable next steps for resolving it.
To strengthen protocol stability, I rigorously tested and reviewed pull requests addressing post-HIP32 challenges. This included refining leader rotation logic and optimizing multi-BLS validator consensus mechanisms. Additionally, I updated the localnet to replicate mainnet conditions, uncovering critical edge cases such as consensus failures during single-node quorum scenarios.
Operationally, I worked on improving the network by developing and implementing scripts to identify anomalies in block production. My proactive collaboration with the validator community was instrumental in mitigating these issues, including a significant 12-minute shard 0 consensus loss. Detailed incident reporting and follow-up ensured transparency and informed future improvements.
Gheis Mohammadi
This quarter, I tackled several critical areas to improve network stability, performance, and decentralization. A lot of my focus was on addressing stream disconnectivity issues and enhancing the P2P layer. I optimized the way streams handle connections and refactored parts of the system to make error handling more resilient. Stream concurrency and lock management were improved, along with significant updates to the Staged Stream Sync module, making it more reliable and easier to maintain. I also added support for Trusted Nodes in the P2P host, enhancing the flexibility and security of the network.
Another big milestone was the successful HIP32 hardfork, which brought the network much closer to full decentralization. It was a proud moment to see the community and the infrastructure align for such a critical upgrade.
On the consensus side, I conducted an in-depth review of the leader rotation process, identified edge cases, and implemented fixes to improve reliability. I also addressed issues with multi-BLS validators, such as improving quorum calculations and fixing problems with multiple block proposals. These changes ensure smoother operations for validators and better overall performance.
Finally, I resolved a resource limitation issue impacting boot nodes, making them more efficient at handling traffic. Alongside this, I worked on adding capacity to support concurrent requests across streams and refined the P2P muxers for better performance. This quarter was all about solving major pain points and laying the groundwork for a more decentralized and reliable network.
Product & Tools
Yuriy Menkov
Development Pump.ONE contracts: the logic for the token factory, competition and liquidity manager is fully implemented. Implemented counting of investments, determining the winner and publishing on Uniswap v3. Additional logic has been developed for linking tokens to the competition ID: buying and selling is allowed only within the current competition - then the user can only convert his tokens into winner tokens, or publish on Uniswap if this token is the winner. Several integration tests have been developed. Contracts serve as the basis for the Pump.ONE application. Added integrations with API services and frontend client.
Developed Staking Vault contracts based on Erc-4626 with a Reward distributor contract. Additionally, the 1sDAI token was added to the bridge, which was integrated into the Staking Vault. Added logic for commission deduction, as well as rewards by epoch.
Also worked on the development of several new layerzero bridge features: integration with Solana (with the transition to LayerZero V2) - implemented draft only for the test network. Updating npm bridge packages and worked on bridge-cli for translations from the command line.
Artem Kolodko
This quarter, I focused on launching of Pump.ONE project, a memecoin marketplace on the Harmony chain.
While working on this project, I created various services: Pump.ONE client, backend(indexer + API service) and trading bot. During the development process I worked on the user interface, integration with smart contracts, end-to-end testing and improvements based on user feedback. In the backend app, I implemented mechanics to store token metadata, upload images, user authorization based on signed messages and JWT tokens, REST API and tokens indexer.
I've also implemented Harmony yield enhancer client, added new features for the new Harmony Explorer: ONE/ETH toggle persistent state, displaying transaction value at the time of transfer.
Frank Egloff
In Q4 2024, I developed a proprietary array-based bonding curve contract to address licensing constraints with Mint Club's contracts. The implementation included price calculation and token management functionality, with constructor-initialized stages and standardized curve stages across tokens. I built a Next.js client application with token listing, purchasing, and price calculation features. This work was initially planned for integration with 1.country for domain-based token creation and was later contributed to the pump.fun project.
I enhanced Harmony1Bot by integrating multiple AI models including xAI's Grok, Gemini 1.5, Claude 3.5 Sonnet, and OpenAI's o1, while optimizing their command structures for better user interaction. I implemented a sliding window mechanism for infinite chat context and a session-based cleanup system. The bot's reliability improved through Sentry integration across all environments and telegram error notifications. I also developed a video processing system with semantic search and clip generation capabilities, evolving from MoviePy to an FFmpeg-based approach with subtitle handling features. Currently, I'm extending the harmony-llm-api with a JWT-based payment system for general-purpose usage, implementing prepaid user functionality with balance checks and model cost logic.
Alaina Furstenberg
This quarter, I focused on expanding content creation, enhancing co-marketing efforts, and boosting audience engagement. I learned Descript to produce videos for projects like ElonxCountry and JensenxCountry and explored new animation techniques by integrating Pika with MidJourney. Additionally, I manually animated graphics in Jitter for PumpONE and the crypto and AI newsletters. To support PumpONE, I joined weekly development syncs and contributed to writing disclaimers and documentation for its upcoming launch.
I led co-marketing campaigns with partners like Pear AI, Kings and Quests, ONE Show, Band Protocol, FlappyH1, RMC, CoinGecko, ElonxCountry, and HeyEddie, driving collaborative growth across platforms. Twitter performance grew significantly, reaching 953,000 impressions (+5%), 50,000 total engagements (+45%), 15.6K likes (+22%), and 3.1K reposts (+29%). I also wrote monthly newsletters showcasing team progress, community highlights, and founder insights. Using NotebookLM, I created AI podcast summaries of these updates, repurposing the content for YouTube and Substack.
From @jensenxcountry on X:
"19 days after we shipped the systems to them, they had a super cluster up and running. 19 days. You can't do that. If you were cobbling together all these different chips and writing the software, you'll be lucky if you could do it in a year."
Community & Development
Phillip Petzka
My first 2.5 months at Harmony were all about assessing the status Quo, analyzing the ecosystem for its strengths and weaknesses, and identifying a potential direction where to go from here. In terms of Defi, I developed the strategy to funnel returns offered outside of Harmony into our ecosystem. In addition, there are two user groups that we can target:
New/non-native users who dont know about farming
Power users able to deploy advanced strategies
All product developments will evolve around those two user groups.
Achieved so far:
The treasury farms yield to distribute it to our products after potential strategies have been elaborated and assessed
1sDAI (11.5% APY) is deployed on Harmony
The yield Enhancer product conception is ready and to be deployed (target is within December)
Several product descriptions targeting more advanced strategies are ready (Lending Market, 1Swap Gauge)
Theo Perisic
I architected Harmony's DeFi suite expansion, focusing on accessibility and higher yields, delivering key products to new heights. Swap saw a 300% increase in TVL, and a 4,470% surge in trading volume. Lend followed a similar expansion, reaching a 250% increase in supply.
I led the Yield Enhancer development from strategy to implementation, building the frontend in typescript and coordinating ERC-4626 vault deployment. The first phase is live with 1sDAI, delivering 12.5% APY through Sky Protocol's yield-bearing stablecoin available within the Harmony ecosystem. I also pioneered Pump.ONE's innovative concentrated liquidity model with Stephen, optimizing for user collaboration over liquidity fragmentation. I drove the adoption of SimpleSwap, reaching 12.5% conversion rate and enabling seamless ONE acquisition across our ecosystem.
I also strengthened Harmony's market presence by securing Swap listings on DefiLlama and DexScreener, leading our recovery multisig custodian election, and driving community engagement through ONE Show presentations that reached 854 concurrent listeners and generated over 20k post views.
Sun Hyuk Ahn
This quarter, my main focus on enabling ERC-4337, account abstraction, on the Harmony network. Initially, I successfully developed and launched Stackup's Golang implementation of the bundler node, which successfully processed user operations on the Testnet. With the halt of Stackup's development, my goal transitioned to Pimlico's implementation of the bundler node, Alto.
I updated and implemented Harmony's node to simulate user operations to be in accordance to bundler functionality, eth_call
. In addition, I successfully launched Alto on Harmony's Testnet and Mainnet. EntryPoint.sol
, EntryPointSimulation.sol
, and BaseAccount.sol
were deployed in order to support to basic functionality of account abstraction, as well as bundlers. Along these necessities, Base's smart wallet contracts were fully launched in both network to support account asbtaction.
Rikako Hatoya
Over the past three months, I focused on implementing bonding curve token models and achieving millisecond-level precision in video transcription. I developed and tested smart contracts using linear, exponential, and sigmoid curves for dynamic token pricing, optimizing them for DeFi applications like liquidity provisioning and fundraising. To demonstrate their practicality, I deployed demos showcasing real-time price adjustments while ensuring gas efficiency and seamless blockchain integration.
On the transcription side, I built an automated pipeline with AI tools like Whisper, Deepgram, and AssemblyAI, achieving millisecond-aligned timestamps and enabling batch processing with speaker diarization for multi-speaker scenarios. Additionally, I explored the AI agent ecosystem, testing platforms like Virtuals Fun and Magick for character creation and investigating pump.one contracts to integrate AI and decentralized technologies effectively.
Q4 in the Community
FlappyH1
In Q4 2024, FlappyH1 reached several key milestones:
Player and Wallet Growth:
Surpassed 220 players.
Added 30 wallets within CryptoLand DAO, with the top 25 earning weekly $WAGE.
NFT Integration:
Up to 3 CryptoLegends NFTs are distributed weekly, allowing holders to mine their own $WAGE tokens.
Future Development:
Anticipates support from HarmonyONE in Q1 2025 to bring gameplay fully on-chain.
Crypto_LandDAO
In Q4 2024, CryptoLand DAO achieved significant progress across multiple initiatives:
$WAGE Token Growth:
Approaching 40,000 transfers with over 300 holders.
Liquidity Contributions:
Added ~30% of the total value locked on swap.harmony.one, exceeding $150,000.
Secured $14,000 in liquidity from MONA DAO and PEPE into $WAGE.
Cross-Chain Expansion:
Built a bridge to BASE using LayerZero infrastructure.
Bitcoin Strategic Reserve (BSR):
Leveraging Bitcoin’s stability alongside ONE’s volatility.
Simplified onboarding and offboarding to HarmonyONE via $WAGE tokens.
Added liquidity and submitted a pull request to integrate BaseUSDC on swap.harmony.one.
2025 Focus
In 2025, Harmony’s goals focus on innovation in DeFi, AI, and blockchain scalability. Key plans include a .country of AI agents with self-custodial wallets, the Pump.ONE memecoin launchpad, and Exchange.ONE for stablecoins and futures.
Technical upgrades like 1-second finality, EVM enhancements, and Verkle trees aim to boost performance. Harmony also envisions trillions in DeFi assets, AI-driven social video, and smarter transactions through formal security and intent-based wallets. Explore more at s.country.