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How is Cross-Chain DeFi achieved on Horizon Protocol

HorizonProtocol.com. Hereu2019s a glance at how cross-chain decentralized finance occurs on Horizon Protocol.<br><br>Synthetic Assets Meets the Real World.<br>Buy HZN. Join Now HorizonProtocol.com.

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How is Cross-Chain DeFi achieved on Horizon Protocol

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  1. How is Cross-Chain DeFi Achieved On Horizon Protocol? HorizonProtocol.com

  2. Blockchain is designed as the technology to push the next generation of the internet. Yet, there are considerable difficulties to be surmounted in regards to scalability and interoperability. One portion of the solution is cross-chain technology. HorizonProtocol.com

  3. A Brief Overview of Horizon Protocol Horizon Protocol is the latest DeFi platform that accelerates assets' on-chain exchange reflecting the real economy. With Horizon Protocol’s smart contracts, you’ll have all the exposure to real-world assets risk or return profiles. Forked from Synthetix, Horizon Protocol will maximize the derivative liquidity protocol and gain scalability, interoperability, and a new range of exchangeable, real-world derivative items on the decentralized finance network. Thanks to Horizon Protocol's commitment to the Binance ecosystem and native functionality on Binance Smart Chain, users can now enjoy reliability and fast transactions presently missing on the Ethereum Blockchain. HorizonProtocol.com

  4. Roadmap To The Cross-Chain DeFi - Horizon Protocol’s Plan 1.HZN-backed Synthetic Assets • Synthetic assets are a blend of assets that have identical value. • Synthetic assets represent consolidated derivative instruments such as futures, swaps, or options. 2.Exposure to Conventional Financial Exchanges • Horizon Protocol provides cross-chain crypto derivatives for both short and long positions. • Horizon Protocol will also increase exposure to conventional financial exchanges, including the following: equities, commodities, exchange indices, corporate assets, equity assets, and physical assets. • Horizon Protocol plans to use Chainlink, Band Protocol, and Phoenix Oracle in order to make these assets available on the blockchain. HorizonProtocol.com

  5. 3. Binance Smart Chain and Interoperability The decision to launch Horizon Protocol on the Binance Smart Chain (BSC) seeks to address Ethereum’s present DeFi scalability issues. Horizon Protocol offers lower transaction fees, faster speeds, and access to the Binance ecosystem. • Horizon Protocol provides users with cross-chain operability in a smooth experience by utilizing blockchain bridges like Tendermint, PolyNetwork, Polkadot, and Cosmosthat promote interoperability with Binance Smart Chain, NEO Blockchain, and Ethereum Blockchain to name a few. • The nature of synthetic assets also means that Horizon Protocol can provide a single-stop platform that gives users access to synthetic crypto assets and a range of real-world financial assets on the BSC with bridges to and from other blockchains as needed. • HorizonProtocol.com

  6. Wrapping It Up With synthetic assets backed by HZN and BSC, Horizon Protocol aims to accomplish cross-chain DeFi on its platform, ensuring a safe and dependable experience that keeps up with the latest changes in the crypto world. HorizonProtocol.com

  7. A DEFI PLATFORM FACILITATING THE CREATION OF ON-CHAIN SYNTHETIC ASSETS REPRESENTING THE REAL ECONOMY HorizonProtocol.com github.com/Horizon-Protocol twitter.com/HorizonProtocol t.me/HorizonProtocol HorizonProtocol.medium.com reddit.com/r/HorizonProtocol

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