Horizon Protocol is a decentralized finance (DeFi) protocol that has been deployed on the Binance Smart Chain (BSC) Mainnet. Aside from enabling DeFi participants to create on-chain digital assets representing assets and instruments in the real world, Horizon Protocol also allows its users to earn its native token (the HZN token) by staking and yield farming. The Horizon Staker dApp provides pools for PHB (Phoenix Global), HZN (Horizon), and an HZN-BNB liquidity pool token. Horizon Staker was integrated into Horizon Genesis in the July 23 launch, further incentivizing users to stake HZN to provide collateral in the system at even higher rewards. By building on Binance Smart Chain (BSC), Horizon Protocol leverages the native BSC ecosystem while utilizing blockchain bridges such as PolyNetwork and Cosmos to facilitate cross-chain interoperability. In the future, with Horizon Exchange, any type of asset with a price feed will allow Horizon Protocol to provide users exposure to a synthetic variant on BSC, thereby removing the necessity to go through the difficulty and costs of transferring between multiple blockchains. Horizon Protocol Staking pools There are three staking pools available through the Horizon Staker platform, where users can stake HZN, PHB BEP-20, and HZN-BNB LP tokens to earn HZN tokens in the respective staking pools. These pools are: PHB poolHZN poolHZN-BNB LP pool Phoenix Global (PHB) pool The PHB pool allows...
