Market Rank | #2374 |
---|---|
Market Cap | $ 2.6M |
Volume 24h | $ 94.5K |
Circ. Supply | 189.3M |
Total Supply | 246.5M |
Max Supply | 246.5M |
The current price of Horizon Protocol (HZN) is $ 0.01364050.
Horizon Protocol is a speculative mirror asset protocol based on the Binance Smart Chain. It is designed to provide on-chain, synthetic exposure to real-world assets such as equities, commodities, and thematic indices.
Horizon Protocol was created by a team of blockchain enthusiasts who identified the need for a decentralized platform that can provide synthetic exposure to real-world assets on the Binance Smart Chain. Their motivation was to broaden the access and efficiency of financial markets by linking on-chain DeFi with off-chain real-world assets.
Unlike other cryptocurrencies, Horizon Protocol brings real-world assets onto the blockchain by creating synthetic versions of these assets. It allows users to gain exposure to these assets without leaving the crypto ecosystem, providing a bridge between traditional and digital finance.
Horizon Protocol does not involve traditional mining. Instead, it adopts a DeFi (Decentralized Finance) model where HZN tokens are minted and burned in response to market demands. This model helps provide liquidity and stability in the network.
There are 189.3M HZN tokens currently in circulation out of a total supply of 246.5M.
Given its unique function of replicating real-world assets on-chain, Horizon Protocol serves as a store of value in the crypto space, allowing traders and investors to gain exposure to traditional asset markets without leaving the cryptocurrency realm.
In the last 24 hours, the price of Horizon Protocol has decreased by -0.31%.
Horizon Protocol (HZN) can be safely purchased on the following exchanges: .
Your HZN tokens can be securely stored in any wallet that supports Binance Smart Chain (BSC) tokens such as Metamask, Trust Wallet, etc. Ensure you properly secure your private keys and do not disclose them to anyone to maintain the security of your tokens.
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