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HorizonProtocol.com. Learn how 100% community-driven DeFi ecosystems work and what are the advantages.<br><br>Synthetic Assets Meets the Real World.<br>Buy HZN. Join Now HorizonProtocol.com.
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HORIZON PROTOCOL TOKENOMICS: 100% COMMUNITY-DRIVEN Horizon Protocol is 100 percent community-driven; hence the platform’s native token HZN will exist based on community mining, staking, rewards, grants, bounties, and partnerships. The entire initial supply of 100 million HZN tokens will be 100% community mined through various staking rewards, partnerships, grants, bounties, and other rewards that can drive the Horizon ecosystem. 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. Initial PancakeSwap IFO Community Staking Rewards Community & Ecosystem Fund • The circulating supply of HZN is approx. 40% of the initial 100m supply, with 10% allocated to the initial PancakeSwap IFO and 30% to be distributed through community staking rewards over the course of this year. • 60% is locked in a community and ecosystem fund only to be used to further Horizon Protocol and its ecosystem via stabilization of synthetic asset collateralization, market making for synthetic assets, protocol grants, bounties, partnerships, and other community incentives. ROLES OF HZN ON THE HORIZON PROTOCOL Horizon Mintr HZN Token Horizon Governance DEX LPa are staked HZN is Staked HZN Token Debt Pool HZN Token HZN Token HZN Staking Rewards hUSD is Minted Horizon exchange HZN Exchange free Rewards hUSD is Traded Horizon Protocol’s core is based on two parts: Collateral backing the synthetic assets (zAssets) and the Oracles that provide decentralized data transmission between the blockchain and the real economy that replicate the synthetic asset’s price feeds • • These two parts combine to allow users to trade synthetic assets against a community pooled collateral and not a counterparty as with most DEXs or CEXs. This allows for no slippage and infinite liquidity up to the total amount of community collateral. COLLATERALIZATION • Users can stake the value of HZN as collateral against the value of Horizon Protocol. Users with the highest HZN are considerably more trustworthy to achieve complete decentralization throuh the DAO model. A 800%collateralization ratio is issued whenever a user stakes HZN tokens, ensuring enough collateral to prevent price fluctuation of the token. Community users who’ve already staked must restore the balance by creating zAssets or burning them to reclaim their tokens. • • • UPHOLDING COMMUNITY FAIRNESS • HZN holders are incentivized to stake their tokens into a community-based liquidity pool that will collateralize the issuance of all zAssets. HZN stakers are rewarded with HZN staking rewards, which is generated from the token’s inflationary monetary policy, and exchange fees from the Horizon Exchange. Each transaction on the Horizon Exchange incurs up to a 0.3% exchange fee that will be distributed to HZN stakers at a rate proportional to their position size within the liquidity pool. • • THE FUTURE OF THE HZN TOKEN HZN’s value, along with the creation and liquidity provision of zAssets tied to real-world investment instruments. Community participants will reap the rewards from the platform to provide said coins and stablecoins used in backing zAssets to boost ecosystem liquidity. 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