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HIP
Following the successful launch of Horizon Futures, we hosted our latest community call and AMA session on June 18th. During this session, we shared our progress, discussed future plans, and answered all of your questions. For those who couldn’t join us or prefer to read, we’ve prepared this condensed recap of the key discussions and takeaways. You can also access the full recording.
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 pleased to share the successful implementation of HIP-12, which addresses the utilization of zUSD & zBNB liquidity and optimizes the Community Staking Wallet’s activities.
We appreciate the valuable discussion we’ve received regarding the recent update on Liquidation Grace Period Reduction and the 7-day Minimum Stake Time, and we want to take a moment to provide further clarity on this matter.
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.
We would like to share a new HIP (Horizon Improvement Proposal) that could enhance the liquidity for HZN and the rewards and incentives for our community. This proposal aims to redirect HZN from our EARN Pool to PancakeSwap’s ‘Bribe’ system leveraging Cakepie.