Max | CT

Four days left! Here’s how the first week at Horizon is going to look like 🗓️ Sunday · 10:30 EST / 15:30 GMT First daily auction goes live on Ethereum Network. Deposit ETH, TITANX, X28, or USDx Monday Horizon from the first day of launch is now available for claiming, liquidity, locking up in veHORIZON. Second auction is already happening Throughout the week A new auction every day, deposits from auctions contribute to the protocol treasury and burn pool First epoch veHORIZON stakers cast their first votes on emission allocation Every day of the launch week brings new elements to the cycle 🔁

Liquidity providers: which pair are you in at the moment? 👇 Simply put the pair down. ETH/USDC, a stable pair, an exotic one… We’d like to know what people are providing liquidity for

Working on a protocol and need more liquidity in your token? 🤝 On Horizon, you don’t bargain in a dark room. You compete openly 1️⃣ Add some incentive in any token to a vault’s vote 2️⃣ Holders of veHORIZON who vote for that vault stake it 3️⃣ The more votes, the higher the amount of HORIZON emission to the vault 4️⃣ More emission attracts more liquidity providers Protocol does not take any share of the voting incentive Transparent, on-chain and accessible to any project

Preparing for the Horizon launch! ✅ 1️⃣ Follow @HorizonDeFi and enable notifications 2️⃣ Join the Telegram group and announcement channel t.me/horizonwins 3️⃣ Learn about the testnet and understand the way vaults and auctions work 4️⃣ Study documentation about veHORIZON and protocol income At launch time, you will know exactly what to do! We are almost there 🔔

What you'll be able to do on day one 🌆 🔹 Make a deposit of one token in a decentralized Uniswap Vault 🔹 Take part in the first Daily Auction of HORIZON 🔹 Staking HORIZON tokens to receive veHORIZON and cast your first vote 🔹 Earn points for your first move It all works together from day one

Offering concentrated liquidity on Uniswap 🔍 Manually 🔹 Choose your own range 🔹 Track the price continuously 🔹 Rebalance and pay for gas every time 🔹 Cease making money once you’ve gone out of range Using a Horizon Vault 🔹 Add only one token 🔹 The range is automatically managed for you 🔹 Rebalancing is based on time weighted price 🔹 Earn HORIZON tokens on your vault’s share The same strategy. No manual effort required

DeFi does not require more protocols What it needs is improved infrastructure 🔹 Liquidity, lending, and incentives that are all aligned, not spread out over a dozen applications That’s what we are working on

Use of ecosystem assets on Horizon 🌌 TITANX and X28 → They can be deposited in the Daily Auction along with ETH → It is part of the buyback mechanism – protocol income buys TITANX, which turns into X28, which buys HORIZON → Part of every X28 auction deposit gets burned Liquidity pools → HORIZON liquidity pools will go against WETH, USDx, TITANX, and X28 → There will be plans for AURYN/ORX and AURYN/USDx pools right after the launch, followed by more pairs depending on the demand Phase 2 → Lending core will enable collateralization of assets like AURYN with conservative limits initially Growing utility as protocol grows

🚨Why concentrated liquidity is not earning anymore🚨 When you place liquidity in Uniswap through concentrated liquidity, you select a price range. The liquidity can earn fees for you only when the price remains within this range👇 → When in range: your funds are engaged and earn fees for every trade → When out of range: your liquidity becomes fully converted to one token and does not earn any fees → Too broad: you will be more frequently in range, but earn less on each trade → Too narrow: you will earn more on each trade, but you will be out of range more frequently Every LP makes this balance every time manually Horizon Vaults do it automatically, rebalancing on time weighted price

Revenues of Horizon 🌌 Revenue is generated through vault trading fees and daily auction deposits with lending fees introduced during Phase 2 All the income goes through one router and gets split among three streams: 1⃣ Weekly distribution for veHORIZON holders 2⃣ Largest part is used for buying HORIZON with burning a part 3⃣ Treasury stream Real revenue with contractual distribution

An open question for liquidity providers What is your strategy with respect to concentrated liquidity positions at the moment? Rebalancing them manually, utilizing an automated manager, holding them in full range, or have you stopped providing liquidity? We would like to learn about your successes and failures

📣 DeFi fans, here’s a shout out for you We don’t need to explain how it works 🏦 Deposit on one platform 🌊 Provide liquidity on another, keeping an eye on the range each time price changes 🌾 Stake wherever you want, getting rewards which vanish as soon as emissions end 🧮 Plus a spreadsheet to manage it all DeFi provided us with the solutions. It never tied them together. That’s what Horizon is for 🔗 One money market, featuring all assets available for supply, as collateral and for borrowing, under one health factor ⚖️ Automated concentrated liquidity on Uniswap V3 and V4, rebalanced for you 💰 Income from actual transactions, split among users and used to repurchase HORIZON 🛡️ Risk management for bad times, not just good times Completely new on Ethereum. Each smart contract made specifically for Horizon Your money should work as hard as you do 🌅

💵 Storing stablecoins? These are the things to think about before locking them up somewhere: ❓ How does the yield get generated? ❓ What will happen if the price feed breaks? ❓ Can one toxic asset tank the whole pool? On Horizon: 🏦 Lock up USDC and earn yield in the form of actual borrower payments 🔍 You always see your interest and HORIZON rewards clearly separated to see which is which ⏸️ In case of a price feed break, the particular market stops functioning rather than operating off a faulty price 🧱 Higher-risk assets get isolated in their own markets, separated from the common pool 📏 Caps are determined based on real liquidity on-chain 🛡️ Every borrowable market gets its own Guardian Pool backstop Stable assets need a protocol to take risks seriously. This is the protocol that Horizon follows 🌅

🌊 For the LPs Liquidity pays more, until the price moves out of your range. And then it pays zero Horizon Vaults are engineered from the ground up for Uniswap V3 and V4, and not forked from a third-party manager: 📐 V3 vaults operate a base position paired with a limit order that deploys any remaining inventory 📈 V4 vaults operate a curve liquidity pattern that expands itself automatically in volatile conditions 🎯 Rebalances recalibrate against a time-weighted price, never spot, so that no one can manipulate where your range will end up 🛡️ All deposits and withdrawals are checked against a time-weighted price, so the vault’s own pattern cannot be used to manipulate you 💸 Rebalancers are paid only from the fees earned by the rebalance. Your funds aren’t used for incentivizing rebalances 🪙 One-token deposits. No deposit or withdrawal fees. Designed for LPs who care about what’s under the hood ⚙️ Got questions about the design? Ask below 👇