Blog Category:
Governance
We’re releasing the latest Horizon Improvement Proposal (HIP), which focuses on optimizing HZN emissions by ending incentives for the zBNB — BNB pool. While the pool will remain live on Wombat Exchange, removing incentives will allow for a more efficient allocation of resources.
We are pleased to announce that HIP-21 has been approved and that incentives for the zBNB — BNB pool on Wombat will cease on September 16th, after the current epoch finishes.
We are pleased to announce that HIP-19 has been approved and will be implemented by tomorrow, Friday, August 18th, 2024, before the next Staking reward distribution.
HIP-19 proposes to temporarily reduce the Target C-Ratio to 350%. This adjustment aims to relieve pressure on stakers, making it easier to claim weekly rewards without burning zUSD or self-liquidating.
In our ongoing efforts to expand our platform and provide more trading opportunities, we’re excited to announce a new proposal for adding two Futures markets. Responding to the community’s interest in popular meme coins, HIP-18 suggests the addition of Dogecoin (DOGE) and Shiba Inu (SHIB) to Horizon Futures.
To broaden trading options and boost platform activity, we propose adding Polkadot (DOT), Avalanche (AVAX), and Polygon (MATIC) markets to Horizon Futures. This move aims to enhance the platform’s appeal by diversifying available trading assets, giving traders more opportunities to diversify their strategies, and ultimately increasing trading volume.