Future Vision of Horizon Protocol

1. FUTURE VISION OF HORIZON PROTOCOL: MORE OPTIONS AND MORE APPLICATIONS Horizon Protocol, a Synthetix fork, aims to enable people to trade synthetic assets derived from real-world products on the blockchain. Horizon Protocol leverages Binance Smart Chain (BSC), which provides speed, dependability, and gas prices at a fraction of the cost compared to Ethereum. Horizon Protocol plans to leverage this to allow for scalability without the problems of congestion, cross-chain interoperability through the use of blockchain bridges, and a more extensive range of synthetic assets through Oracles such as Chainlink, BAND, and Phoenix Oracles. Traditional financial institutions and the Horizon Exchange vary significantly in features, benefits, and limitations. Horizon Exchange allows users to create their assets by staking the platform’s native token, HZN. Horizon Protocol allows users to gain exposure to synthetic assets (zAssets) representing the real economy backed by a community collateral pool and the ability to trade seamlessly between any synthetic assets. Horizon Exchange will not only be offering cross-chain derivative trading (long and short positions) of synthetic cryptocurrency assets, but it also ventures into synthetic assets based on traditional financial markets, including commodities, indices, equities & corporate, physical, and equity assets. Horizon Exchange intends to add more features to facilitate the optimum user experience for traders besides what the common decentralized exchanges (DEXs) offer. It intends to include limit orders, stop losses, and fully functional charts like those on Forex trading platforms for technical analysis. LEVERAGE AND MARGIN TRADING In the future, Horizon Exchange seeks to expand into offering margin, leverage, and options trading. A trader shall trade a zAsset pair using leverage and thus, open larger trades than their account balance could otherwise allow. FUTURES TRADING Horizon Exchange will also be adding functionality to allow users to trade futures of the synthetic assets (zAssets). It would also ensure the borrow rates are adjusted according to the open interest to ensure the risk to the HZN stake. Horizon Protocol seeks to provide a higher trading experience where traders can have exposure to crypto-assets, traditional financial assets, and innovative assets such as fractionalized NFTs, real estate indices, and artwork. CONCLUSION • Horizon Protocol has already begun delivering one of the most valuable DeFi protocols deployed on the Binance Smart Chain (BSC) mainnet by tapping into on-chain synthetic assets. In April, the launch of Horizon Staker marked the initial 100% community-given distribution of HZN alongside their PancakeSwap IFO. • • Horizon Genesis will start the process of facilitating the foundation of collateral needed for Horizon Protocol to unlock the full potential of the largely untapped synthetic assets market in crypto. Horizon Protocol has lined up functionalities to unlock more platform applications and provide users with the options they deserve. • A DEFI PLATFORM FACILITATING THE CREATION OF ON-CHAIN SYNTHETIC ASSETS REPRESENTING THE REAL ECONOMY HorizonProtocol.com twitter.com/HorizonProtocol t.me/HorizonProtocol github.com/Horizon-Protocol HorizonProtocol.medium.com reddit.com/r/HorizonProtocol