Blog Category:
Governance
We’re excited to share that HIP-16 has been approved, paving the way for Ripple (XRP), Cardano (ADA), and Chainlink (LINK) to join Horizon Futures! Thank you for your support and participation. Mark your calendars! XRP, ADA, and LINK will be live for trading on Horizon Futures starting this Thursday, July 11th, 2024. Get ready to diversify your trading portfolio with these new assets!
In an effort to broaden the trading options and incentivize more activity on the platform, we propose the addition of Ripple (XRP), Cardano (ADA), and Chainlink (LINK) markets to Horizon Futures. This proposal aims to enhance the platform’s appeal by increasing the diversity of available trading assets, offering traders more opportunities to diversify their strategies, and ultimately boosting trading volume.
We are thrilled to announce that HIP-15, our latest Horizon Improvement Proposal to add Solana (SOL) to Horizon Futures, has successfully passed! We would like to extend our gratitude to the community for your valuable feedback.
At Horizon Protocol, we continuously strive to enhance our offerings and provide our community with valuable opportunities. Acknowledging the growing demand for diverse trading options, we are excited to introduce our latest improvement proposal: the addition of SOL (Solana) to our Futures exchange. With SOL currently ranking as the fourth-largest synthetic asset (zSOL) by market capitalization on our Spot exchange, it naturally aligns as the next Futures asset choice based on community feedback and trader interest.
With the upcoming Horizon Futures mainnet release, this proposal aims to reduce maker fees by up to 1 basis point (bps) and taker fees by up to 2 bps, while subsidizing order execution keeper fees during the Horizon Futures promotional period. This initiative will lower entry barriers for traders, encouraging more activity and exploration of the platform. The promotion will initially cover BTC, ETH, and BNB markets, as well as any new markets launched during this time. By reducing fees, we aim to attract new and existing users, creating a vibrant trading environment and gathering valuable user feedback for continuous improvement. Read the full HIP below or visit our Academy for more details.
We are excited to announce that, following the positive support of the community for HIP-11, we are advancing with the migration of HZN incentives from the EARN staker to Pancakeswap Voting Gauges by leveraging Cakepie’s Bribery Market. This implementation will impact the next epoch, starting Feb 1st.