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We are excited to announce the final phase of our 1inch integration on the Horizon Protocol platform. Following our recent integration of 1inch, one of the leading decentralized exchange aggregators, users can now deposit several major stablecoins into their margin accounts, automatically swapping them to zUSD via 1inch in a single transaction.
We are thrilled to announce that HIP-15, our latest Horizon Improvement Proposal to add Solana (SOL) to Horizon Futures, has successfully passed! We would like to extend our gratitude to the community for your valuable feedback.
We are pleased to announce the integration of 1inch, the leading decentralized exchange aggregator, into the Horizon Protocol platform. This integration aims to enhance the trading experience on Horizon Protocol, making it easier for users to access and manage synthetic assets like zUSD and zBNB, which can be used for trading other zAssets within our platform.
We are excited to announce that Horizon Futures trading is officially LIVE on the BNB Chain mainnet as of today, June 17th! Following the successful deployment of our V2 upgrade and having completed several comprehensive audits, we’re delighted to bring you this major milestone. Thanks to our community’s invaluable feedback and rigorous testing during the recent trading competition on the testnet, we’ve ensured a seamless and secure launch. The Futures Mainnet launch lays the groundwork for us to enhance our product and provide traders, stakers, and DeFi users with a unique and powerful experience on the Horizon Protocol. This will also help us grow our user base and add a new business model to the protocol.
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 thrilled to announce that Horizon Futures trading is going LIVE on the BSC mainnet with BTC, ETH, and BNB markets on June 17th! Smart contracts for BTC, ETH, and BNB markets will be deployed to the protocol. This follows the successful deployment of the Horizon Futures smart contract during our V2 upgrade, which has undergone rigorous audits for the smart margin system and V2, as well as a stress test during the recent trading competition on the testnet. We extend our heartfelt thanks to our community for their feedback and extensive testing, which were crucial in reaching this milestone.