Horizon Finance

Horizon Finance

Created using Figma
Created using Figma
Horizon Finance allows users to deposit their funds and compete for preferential payment by capping their yield, thereby outperforming or underperforming the benchmark interest rate.
To be announced
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About Horizon Finance

In recent months we’ve seen an explosion of interest in DeFi projects accompanied by a surge in value locked in the space. In particular, automated market makers (AMMs) and overcollateralized borrowing/lending platforms have proven quite popular due to:

  1. Their permissionless nature

  2. Their ability to generate strong USD (stablecoin) yields for liquidity providers

The movement is particularly exciting because these new protocols effectively transform counterparty risk into code/protocol risk. Arguably you can never fully eradicate liquidity/liquidation risk, but we note that the popular defi protocols are quite well overcollateralized.

At any rate, the breakthrough is that a digital asset owner can now generate yield on her assets without losing custody of her funds. Interest bearing tokens can now be mobilized for use elsewhere in other applications, ushering in a new era of financial composability and layering. We believe this will prove to be a watershed moment in the history of financial innovation.

In the not so distant future, it’s not hard to envisage market participants shunning trust-based lending in the traditional markets for onchain (overcollateralized) platforms, as they become more digitally acclimatized and the protocols themselves battle tested.

Activity

Followers:
3 592
MEDIUM
Tweets:
150
MEDIUM
30 Days Growth:
80
Members:
782
LOW
30 Days Growth:
-44
Alexa

Rank:
1 235 096
VERY LOW
Delta:
-78 133

Horizon Finance Last News

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