Horizon Protocol (HZN)

Horizon Protocol (HZN) is a coin that aims to capture the value of the real world by facilitating the creation and trading of synthetic assets known as zAssets. These zAssets represent various assets from the real economy, including cryptocurrencies, stocks, commodities, fiat currencies, and more. Horizon Protocol offers deep liquidity trading for all synthetic assets through its unique collective collateralization pool. The protocol ensures no slippage in trading as secure decentralized oracles determine asset prices. Users can trade zAssets on Horizon Exchange, a decentralized exchange for synthetic assets, and take advantage of long and short positions to get exposure in any market condition.

One of the key features of Horizon Protocol is its ability to allow users to stake their HZN coins as collateral and mint synthetic USD (zUSD). By doing so, users can earn passive income from the value generated by the protocol. Rewards are generated from the protocol’s inflationary supply. They are escrowed for one year, while fees can be collected weekly from trading fees, interest rates, and other streams. Horizon Protocol also encourages community participation through its various social platforms, including Telegram, Twitter, Discord, YouTube, Reddit, and Medium, where users can chat with the community, stay updated, get support, watch podcasts and tutorials, and contribute to discussions.

Horizon Protocol aims to create a borderless financial market for synthetic assets, allowing individuals to gain exposure to the real economy by trading zAssets. With its decentralized exchange, deep liquidity trading, and ability to create long and short positions, Horizon Protocol offers users the opportunity to diversify their portfolios, hedge against market fluctuations, and trade a wide range of assets in spot and futures markets. Future developments planned for the protocol include the introduction of leveraged trading with up to 10x leverage and expanding the protocol’s token ecosystem. Through its innovative features, Horizon Protocol aims to provide users with a seamless and efficient way to engage with synthetic assets and earn rewards.