Tech Update

By

CB

October 10, 2023

Horizon Protocol is a protocol that requires the maintenance of collateral to make sure that all zAssets are backed by some underlying asset. In the case of Horizon Protocol, that underlying asset is the HZN token. The worst-case scenario is if the underlying asset’s value is worth less than zAssets, because that would mean that zAssets are not completely backed anymore. One of the mechanisms to prevent the worst-case scenario is the liquidation mechanism, which allows wallets that have gone below the safe C-ratio, or collateralization ratio, threshold to be liquidated by a third party to get them back to a safe C-ratio and ensure the protocol’s zAssets are sufficiently collateralized.

Tech Update

By

CB

September 28, 2023

We’re excited to introduce Dynamic Exchange Fees, one of the upcoming changes in our Horizon Protocol V2 smart contract testnet.

Tech Update

By

CB

September 19, 2023

We’re excited to share some upcoming changes in our Horizon Protocol V2 smart contract testnet. These changes, including Debt Shares, Dynamic Exchange Fees, and a new Liquidation Mechanism, are significant and will enhance the protocol’s stability, scalability, and user experience. They lay the groundwork for the Futures Exchange we have in store.

Tech Update

By

CB

August 30, 2023

We are thrilled to announce that the comprehensive audit by PeckShield, covering both the new features detailed in our roadmap and the existing functionalities within UI V2, has been successfully concluded.

Tech Update

By

CB

July 27, 2023

We are thrilled to announce the beta launch of Horizon Protocol’s V2 unified design, marking a significant milestone in our project’s journey.

Tech Update

By

CB

June 13, 2023

We are pleased to announce our partnership with PeckShield for a comprehensive security audit. PeckShield is an industry-leading blockchain security company founded in 2018 by former Qihoo 360 Chief Scientist, Xuxian Jiang.