on-chain trading of synthetic assets representing the real economy. Horizon Protocol seeks to expose real-world assets risk/return profiles via smart contracts on the blockchain. Let’s analyze the technology stack they seek to use.
in time for the decentralized finance (DeFi) revolution, just when the public began showing increased attention to alternative financial resolutions supported by blockchain. Since then, the BSC has already supported many successful projects and has grown to be one of the most well-known DeFi platforms to date. The rise of the BSC is one of the greatest crypto success stories as of recent. Binance Smart Chain & Horizon Protocol
in time for the decentralized finance (DeFi) revolution, just when the public began showing increased attention to alternative financial resolutions supported by blockchain.
fees that end as low as 1 cent Powerful speed and scalability Cross-chain DeFi tools that enhance DeFi interoperability A supportive Binance network that stores and bootstraps numerous DeFi projects A burgeoning network of millions of users all over Binance DEX and Binance.com Some advantages Horizon Protocol users can expect • • • • • •
and cryptocurrencies without a centralized go-between, maintaining charge of your funds at all times. It develops on an automated smart contract extended on Binance Smart Chain. PancakeSwap leaves out the agents of centralized markets, allowing other users to collect the compensations instead. If you are ready to secure your tokens for some time, the rewards can be very abundant, especially with some staking claims and liquidity pools. The current APY for HZN-BNB on Pancakeswap is ~70% while the HZN-BNB LP pool on Horizon Staker is at ~120%. When you trade on Horizon Protocol, you receive these benefits automatically. Pancake Swap & Horizon Protocol
provision on Ethereum. With Horizon Protocol electing to choose Binance Smart Chain as its origin blockchain, it accommodates cross-chain interoperability options for all users. Horizon Protocol intends to facilitate a UniSwap pool in order to bridge the Ethereum blockchain. UniSwap & Horizon Protocol
of many Oracles. It is a decentralized Oracle network that allows real-world information to smart contracts on the blockchain. Smart contracts are records on the blockchain defined as sealed systems with rule-based methods for coupling to outside data sources. Smart contracts research data and automatically work when some requirements are satisfied. LINK tokens are the digital asset token employed to render payment for services on this network. Chainlink Protocol is essentially a connection between the outside world and the realm of Horizon Protocol. Chainlink Protocol & Horizon Protocol
is applying for its platform. In a world where data is essential, blockchain Oracles such as Band decide by giving correct information to smart contracts and decentralized apps. It works similarly with Horizon Protocol as all the other Oracles. It enhances the accessibility and safety of data. Band Protocol & Horizon Protocol
Phoenix Oracle provides price feed of proprietary data. Retail investors will have exposure to stocks, non-US market indices, and physical assets like real estate and artwork. Phoenix Oracle is specialized in providing on-chain price feed directly from tangible assets. Node operators validate real time price feeds using the PHB utility token. Current holders of Phoenix Global are able to stake PHB tokens on Horizon Protocol and receive HZN tokens as a reward. Phoenix Oracle & Horizon Protocol
represent the real-world economy, synthetic crypto assets of various blockchains, and innovative asset classes (such as fractionalized NFTs). In order to achieve this vision and solve present problems with the Ethereum blockchain it chooses Binance Smart Chain as a base. Horizon Protocol has carefully selected the technology stack that it will use in order to strengthen its system, the blockchain bridges aiming to be blockchain agnostic, and the oracle partners providing the price feeds for synthetic assets. We look forward to seeing the options Horizon Protocol expands into when the platform matures and their adoption in the BSC ecosystem as the first-mover of synthetic asset creation in the BSC community. Conclusion
horizonprotocol
twada
shoota
muziyoshiz
lycorp_recruit_jp
hirotomotaguchi
asei
taichinakamura
fujisawaryohei
nagisa53
righttouch
tsukuha
scarletplover
3n
moore
eileencodes
keithpitt
kevinliebholz
tammyeverts
rasmusluckow
iamctodd
bluesmoon
jnunemaker
kneath
