Horizon Protocol
ValidatedDeFi
Investing
HZN$0.01591-3.14% ↓
Trading and Creation of Synthetic Assets
- 529 Followers529 Followers
- 123 Likes123 Likes
About Horizon Protocol
Horizon Protocol is a DeFi platform that facilitates the on-chain trading of synthetic assets that represent the real economy. Horizon Protocol seeks to provide exposure to real-world assets risk/return profiles via smart contracts on the blockchain.
Horizon Protocol is a decentralized finance (DeFi) platform that enables the creation and trading of synthetic assets, offering users exposure to real-world financial assets without requiring them to own the actual assets. The project aims to revolutionize the traditional finance industry by providing a decentralized alternative to trading stocks, commodities, and other financial instruments. Horizon Protocol leverages blockchain technology to offer a transparent, secure, and efficient platform for users to interact with synthetic assets.
At its core, Horizon Protocol focuses on the democratization of finance, allowing users from around the world to access and trade synthetic assets with ease. This platform provides significant advantages over traditional financial systems, including reduced costs, faster transaction times, and greater accessibility. By eliminating intermediaries, Horizon Protocol empowers users to take full control of their financial activities, making it a key player in the evolving DeFi landscape.
Horizon Protocol Magic Store Validation Score
See Results ››Validation Score
4.9Validation Date: -
NinjaMagicYes
yongthanyeeYes
masihaYes
cryptocornNo
razoYes
Ven4egNo
sashashoikoYes
RezabasrengNo
PinguinoYes
AlqambraYes
MaxisistYes
FancymanYes
rjYes
JONALD CAJEPEYes
Duc TienYes
matomoYes
gyanYes
Horizon Protocol Review Score by Real Users
- 120
- 46
- 6
- 1
- 0
This is so amazing, I'm very impressed with this project. I'm still figuring out the project, but it seems to me that it has a huge future. And more interesting tasks.Read More ››
0 people found this review funny
A radiant rendezvous! This app is a gem. Been using it for years, and it never ceases to brighten my day. Highly recommended!Read More ››
0 people found this review funny
I used Horizon Protocol, I'm happy for the perfomance. Clean design, smooth transaction. Horizon Protocol makes it easy to trade synthetic assets that represent real assets. Read More ››
0 people found this review funny
Horizon Protocol is a DeFi platform for synthetic assets that represent the real things on world. Horizon Protocol to real-world assets risk/return profiles via smart contracts on the blockchain. This is very good project for the future.Read More ››
0 people found this review funny
The team did an excellent job with the UI, speed and ease of using this dapp. If you are a fan of minting and trading syntetic assets this the place you want to be.Read More ››
0 people found this review funny
The idea of trading synthetic assets is quite interesting. Perhaps thanks to this particular function the protocol will be quite successful. At the moment I have not had any difficulties in using it.Read More ››
0 people found this review funny
The Horizon Protocol makes it easy to trade synthetic assets that represent real assets. The Horizon protocol offers users a unique opportunity to access the risk and return profiles of various assets through smart contracts. One of the prominent features of the Horizon protocol is the use of oracles and decentralized pricing channels.Read More ››
0 people found this review funny
I swaped some times on this DEX. All good. Good fast to swap and another functionality. Good team and community.Read More ››
0 people found this review funny
HZN Token Price Chart (Real Time)
Token Statistics
- Market Cap$2,935,981.00
- Volume$140,224.00
- Circulating Supply184,543,325.263
- Max Supply246,542,748.604
- FDMC$3,922,357
About Horizon Protocol Token
HZN is the native utility token of the Horizon Protocol ecosystem, playing a crucial role in the platform’s decentralized finance (DeFi) operations. The Horizon Protocol is designed to facilitate the creation and trading of synthetic assets that mirror the value of real-world assets. The HZN token serves multiple purposes within the ecosystem, ensuring the platform's functionality and security.
Staking: One of the primary uses of the HZN token is staking. Users can stake their HZN tokens as collateral to mint synthetic assets known as zAssets on the Horizon Protocol platform. By staking HZN, participants help secure the network and are rewarded with staking rewards. These rewards are a portion of the transaction fees generated within the ecosystem, providing a continuous incentive for users to contribute to the platform's stability and growth.
Governance: Another critical function of the HZN token is in decentralized governance. HZN holders can participate in the decision-making process regarding the protocol’s future. This includes voting on various proposals such as protocol upgrades, changes in transaction fees, or the introduction of new synthetic assets. This decentralized governance model empowers the community to have a direct impact on the development and direction of the Horizon Protocol.
Transaction Fees: Within the Horizon Protocol, all transactions, including trading synthetic assets and minting new ones, incur fees payable in HZN tokens. These fees are an essential component of the ecosystem, as they are redistributed to HZN stakers, thereby ensuring a sustainable economic model that benefits active participants in the network.
For more details on the HZN token and its role in the Horizon Protocol ecosystem, visit the official website: Horizon Protocol.
Horizon Protocol Magic Store Trust Score
- Audit Score
- 0No. Of. Audits
- MediumScore
- Security Validators Score
- 31.05.2023Validation Date
Horizon Protocol User Trust Reviews
Great place Highest A wonderful place to earn free crypto currency coins and other currencies must watch the site things are going well now earning is very importantly।Read More ››
0 people found this review funny
Magic Square is a unique Web3 ecosystem where you can easily find the best Web3 projects. These projects are carefully chosen and reviewed by our active community, ensuring a high-quality and enjoyable Web3 experience for every user, regardless of their background.Read More ››
0 people found this review funny
They always deliver what they promised. Great roadmap and every time on time. This project will be huge.Read More ››
0 people found this review funny
HZN's track record is flawless. Road maps have always been completed. Social media is always up to date. S/O to their admins on telegram, always very informative. I have no complaints with Horizon Protocol.Read More ››
0 people found this review funny
Team is and always has been transparant in the development. Delivered according to roadmap and keep building to set the exchange to a higher standard.Read More ››
0 people found this review funny
Horizon Protocol FAQ
Yes, by staking your HZN tokens, you can earn staking rewards. These rewards are generated from transaction fees within the Horizon Protocol platform, providing a continuous income stream for active participants.
Horizon Protocol stands out due to its focus on synthetic assets, allowing users to trade assets that replicate the value of real-world financial instruments. Additionally, its use of the Binance Smart Chain offers low fees and fast transactions, enhancing the overall user experience.
Horizon Protocol supports a wide range of synthetic assets, including those representing stocks, commodities, and fiat currencies. This diversity allows users to gain exposure to various financial markets without directly owning the underlying assets.
Horizon Protocol operates on the Binance Smart Chain, which provides the platform with low transaction fees and fast processing times. This makes trading synthetic assets more cost-effective and efficient for users.
zAssets are synthetic assets created on the Horizon Protocol platform. They mirror the value of real-world financial instruments, allowing users to trade them without owning the actual assets. These zAssets provide flexibility and exposure to various markets.