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The Horizon Protocol inflation policy incentivizes collateral providers, liquidity providers, and synthetic assets onramps. The Horizon Protocol functions around collateral to back synthetic assets (zAssets) linked to real world assets using price oracles. There is a 0.3% transaction fee when trading zAssets that translates directly into rewards for those staking HZN and providing liquidity in LPs. We project that the incentive at early stages will be insufficient for users to perform this critical action required by the protocol. Therefore, we will have an inflation policy designed to stimulate growth at early stages by increasing the incentive to provide collateral and liquidity for the protocol as well as synthetic asset onramps.
We are excited to share the details of the three upcoming staking pools that will be available on the Horizon Staker platform.
Now that we are in Q3, we’re sure many of you are wondering, what’s next? What challenges does Horizon Protocol face?
Today we are excited to share with you the launch of Horizon DeFi, our new podcast series where we will discuss all things DeFi!
We are pleased to announce the milestones we have reached during the CNY holiday period, the items we are currently focusing on, and things to expect in the foreseeable future.