Our mission is simple, we seek to enhance the trading toolkit available to DeFi participants engaged in key yield streams across the ecosystem. We look to do this by introducing interspersed auction markets (Horizon markets) across various tenors where participants can compete for preferential payment in return for capping their yield, on a fair and transparent playing field.
All design choices have their trade-offs. When we first contemplated ways in which people could trade/hedge their interest rate risk for a chosen cash flow stream, we naturally arrived at another over-collateralized framework. As it goes, within any sphere of over-collateralization you have the flexibility to define rules that offer traders various exposures or payoffs. As long as the overall system remains adequately collateralized potential withdrawals are fully-funded and the system can operate as desired. But such a system would require a robust liquidation framework, carrying its own complications and risks, and one can never truly eliminate insolvency risk, especially if the platform allows leverage. …
Welcome to our first newsletter on our progress. We have deployed our product on testnet and it is on track to launch in November.
Our UI design is completed.
New Website Coming Soon!
Sneak peak of our trading page
Horizon Finance is pleased to announce the conclusion of our seed funding round of USD$1,335,000 with participation from firms such as Framework Ventures, DeFiance Capital, Mechanism Capital, Spartan Group, Alameda Research, NGC, Ruby Capital and Incuba Alpha Capital.
This raise will allow us to focus on building out an innovative and unique interest rate trading platform for decentralised finance over the long term with the dual goal of:
1) Allow all decentralised finance participants to manage their APY/interest rate exposure; and
2) Push forward the decentralised finance space via the build out of a key component of the ecosystem.
Horizon Finance v1 has the goal of building a zero-sum, fair playing field ecosystem for participants to soft hedge or speculate on any underlying interest rate stream. These underlying interest rate streams are represented as Horizon Finance Markets and could include things such as any interest bearing stablecoin, a staked BPT or something that has yet to be released into the defi wild. By trading on Horizon, users will be able to either actively compete to outperform (or underperform) the underlying interest rate stream or take a more passive approach to achieve a fixed interest rate that they are comfortable with. …