️️Tech Update: Features on the Horizon️️. Season Greetings HZNation. We hope everyone is having a great holiday season.

14 Dec 2022, 20:15

❗️❗️Tech Update: Features on the Horizon❗️❗️ 👋Season Greetings HZNation! ✨We hope everyone is having a great holiday season. We wanted to provide you with some updates on the current development progress. 👉All smart contract code changes have been concluded, including the features listed on the roadmap. Currently we are now in the active testing phase. As this has to be done thoroughly, its ETA is unpredictable but we expect it to be well into Q1 2023. After this phase we will have a security auditor to further validate everything. Once everything is completed, we will start with releases. 👉The design team is working on the next generation Horizon Protocol. This will include complete overhauling Horizon Exchange, and implementing many updates into Horizon Genesis accompanying the new features that will get added. Of course the overall user-experience will be improved as well. In case you have suggestions for us regarding this, please share them with us. 🛠Features to be added: 🔹Collateralized Loans: Users will be able to borrow zUSD using native BNB or any BEP-20 token. 🔹Collateralized Shorts: Users will be able to open short positions on any zAssets on Horizon Protocol using zUSD. 🔹Native BNB and BEP-20 Token Wrappers: This will allow users to wrap native BNB and any BEP-20 token into its equivalent zAsset counterpart at a 1:1 ratio. 🔹zAsset Perpetual Futures Market: Will enable leverages long and short exposure to a range of assets using zUSD as the margin denominator. 🔹[New] Dynamic Trading Fees: Fees increase will be based on market volatility, this will remove oracle frontrunning and subsequently the waiting period for trades. You can read the full article here 💬More will be shared in our next roadmap update, which is expected to be in January. 2023 will be an exciting year for Horizon Protocol with many new planned features and releases to come. We will keep you guys up to date on our progress, and we look forward to hearing any of your questions and feedback!

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Horizon ProtocolHZN #1452

14 Dec 2022, 21:35

💥New Features in the Horizon💥 🛠️Check our latest Tech Update and discover all the new features the team is preparing for 2023 💬What are you most excited about? #Futures #Trading #Derivatives #BNBChain

New Features in the Horizon. Check our latest Tech Update and discover all the new features the team is preparing for 2023.