Horizon Protocol is a blockchain-based platform for creating and trading synthetic assets, known as zAssets, covering cryptocurrencies, stocks, commodities, and others. Its pricing is determined by decentralised oracles, eliminating the need for traditional order books. The Horizon Protocol (HZN) token is key in its ecosystem, used in DeFi applications for staking, lending, and borrowing. HZN holders also govern the protocol, influencing network changes and adding features. They contribute to liquidity pools, earning rewards and transaction fees. Furthermore, HZN serves as collateral for synthetic assets and is utilised in various decentralised applications within the Horizon Protocol. The platform was jointly developed by APEX Technologies and Red Pulse.
