Blog Category:
Announcements
As we approach the testnet Futures Exchange launch, we’re excited to unveil the inner workings of the system and, most importantly, how it’s going to impact your trading experience. This is the first of several articles where we’ll delve deep into the 4 key elements that drive the features and experience of Perpetual Futures DEXs.
The Earned Fees Update changes from distributing the “Earned Fee” as rewards to instead, burning it, which has the same result of lowering the amount of debt owed to all stakers while opening up the possibility for stakers to receive the rewards passively and for fair “Earned Fee” sharing across multiple chains.
We wanted to lay out our thoughts on 2022 and also describe the challenges, goals and vision for 2023 and beyond.
As you may know, we have been preparing the release of additional zAssets on Horizon Exchange. Today we are releasing the first batch of 5 new zAssets!
The Horizon Protocol inflation policy incentivizes collateral providers, liquidity providers, and synthetic assets onramps. The Horizon Protocol functions around collateral to back synthetic assets (zAssets) linked to real world assets using price oracles. There is a 0.3% transaction fee when trading zAssets that translates directly into rewards for those staking HZN and providing liquidity in LPs. We project that the incentive at early stages will be insufficient for users to perform this critical action required by the protocol. Therefore, we will have an inflation policy designed to stimulate growth at early stages by increasing the incentive to provide collateral and liquidity for the protocol as well as synthetic asset onramps.
We are excited to share the details of the three upcoming staking pools that will be available on the Horizon Staker platform.