DigiFinex Crypto Exchange to View Horizon Protocol's Token HZN

DigiFinex, a global cryptocurrency exchange, is adding Horizon Protocol's HZN token to its ever-growing list of tradable altcoins. This news comes a few days after Horizon Protocol announced the imminent launch of the Horizon Genesis project at BSC. The project will provide the Horizon Protocol community with better ways to manage their synthetic assets on the platform, including minting HZN tokens zUSD, burning zUSD and earning new HZN. The HZN token will be live on DigiFinex from 16 June 2021 at 16:00 (GMT +8). After a short time, DigiFinex traders can make HZN deposits. However, trades for HZN pairs will open on 17 June 2021 at 11:00 (GMT+8) – your HZN withdrawal will take effect immediately after the trade is opened. What is HZN Horizon Protocol is a decentralized funding platform derived from Synthetix, a derivatives liquidity protocol. Unlike common DeFi platforms, Horizon Protocol facilitates on-chain trading of synthetic assets and derivatives markets through smart contracts. The Horizon Protocol is powered by the BEP-20 native token HZN. The HZN token acts as collateral in the synthesis of tradable assets (zAssets) and derivatives markets in the protocol. This allows it to manage the reward system vital to making the Horizon Protocol a Decentralized Autonomous Organization (DAO). HZN was launched on the Binance Smart Chain (BSC) Testnet with an initial minted stock of 100,000,000 HZN. The token has an inflationary model and is 100% mined by the community by distributing rewards, subsidies, rewards, among other things. Here is how the first 100,000,000 HZN was distributed; 10% (10,000,000 HZN) set aside for the initial farm supply of the token on PancakeSwap 30% (30,000,000 HZN) reserved for liquidity mining 60% (60,000,000 HZN) set aside to support the Horizon Protocol ecosystem and community through synthetic assets stability and community incentives. At the time of writing, the last saved p . is is

Join the Discussion

  • BrokerEUR/USD
    OANDA 1.3pips (variable) margin: 3.33%
    Core Spreads 0.6pips (variable) margin: 3.33%
  • Back to top