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We’re thrilled to announce Symmio as our infrastructure partner for building intent-based perpetual futures. This partnership marks a new era for Horizon Protocol, transforming it into a multi-layered liquidity system that delivers advanced and highly competitive liquidity solutions for perpetual futures.
We are thrilled to announce that Horizon Protocol is partnering with MODE by onboarding an AI-powered decentralized perpetual future into MODE’s ecosystem. AI and DeFi are among the most transformative technologies today, and their convergence holds the potential to unlock new opportunities across the financial landscape. MODE, as a leading Layer 2 player, is at the cutting edge of merging AI with DeFi to reshape the future of decentralized finance.
In our latest community call, we shared updates on Horizon Protocol’s growth and sustainability roadmap. Over the past few months, we’ve shifted from a development-centered approach to a balanced focus on growth and strategic initiatives. This includes actively exploring partnerships with Layer 2 (L2) solutions to expand our reach and transitioning to a competitive multi-layer liquidity model to strengthen our ecosystem. We believe these initiatives are essential for attracting more traffic and scaling Horizon Protocol. Here are the highlights from our discussion:
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.
On September 4, 2024, Polygon will launch its new native token, Polygon Ecosystem Token (POL), replacing the existing MATIC token. The POL token will replace MATIC on a 1:1 basis starting September 4. The following actions are needed to respond to the MATIC to POL migration.