Horizon Protocol

Horizon Protocol is a DeFi platform launched in 2021 on the BNB Smart Chain, designed to facilitate the trading of synthetic assets representing real-world economic components. By leveraging blockchain technology, it introduces scalability, speed, and interoperability to the DeFi ecosystem. Horizon Protocol allows users exposure to real-world asset risk and return profiles through its smart contracts, bridging traditional finance with decentralized finance using synthetic derivatives.

Horizon Protocol leverages its native token, HZN, as collateral for creating synthetic assets known as zAssets. HZN plays a crucial role in driving economic incentives within the platform, supports the reward system, and will eventually enable governance through a Decentralized Autonomous Organization (DAO). These functionalities make HZN essential for the protocol’s operations and strategic development.

Horizon Protocol bridges traditional financial markets and decentralized finance by offering synthetic assets, which are tokenized derivatives reflecting the value of real-world assets without direct ownership. Operating on the BNB Smart Chain ensures higher scalability and lower transaction costs compared to Ethereum-based systems, while allowing users to engage with real-world asset risks without direct exposure.

Within the Horizon Protocol ecosystem, zUSD acts as the primary on/off-ramp for zAssets, facilitating ease of access and liquidity. This mechanism allows users to engage in synthetic asset trading and arbitrage opportunities without requiring direct asset collateralization. zUSD’s essential role streamlines user interaction with the platform’s synthetic derivatives market.

Horizon Protocol ensures liquidity for synthetic assets through its robust liquidity system, prominently featuring zBNB, a notable synthetic asset. By leveraging the liquidity and prominence of BNB on the BNB Chain, Horizon Protocol makes the trading and arbitrage of synthetic assets seamless, ensuring ample opportunities for market participants without needing direct collateralization.

Horizon Protocol will introduce a Decentralized Autonomous Organization (DAO) for governance, driven by its native token, HZN. This DAO framework will allow token holders to participate in decision-making processes, influencing the protocol’s strategic direction and future developments, ensuring that the community has a crucial role in shaping the evolution of the platform.