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 👇

🔥 All the ways HORIZON is burnt Most tokens have one burn mechanism at most. Horizon has four: 1️⃣ Buyback burns. Protocol revenue buys back HORIZON from the open market, and some of it is burnt every time 2️⃣ Burn-locks. You can lock in your HORIZON to receive an eternal 2× voting power in exchange for the permanent destruction of your HORIZON 3️⃣ Burn bids. You can choose to lock in your winnings as described above during the daily auction right after claiming them 4️⃣ Conveyor belt never stops. Every loan, every fee for a vault and every deposit into the auction contribute to the buyback of HORIZON, every single day Also, every X28 deposited into the auction gets burnt along with it 🔁 There's no pre-mine. There's no team allocation. Only HORIZON earned and HORIZON burnt More HORIZON use means more HORIZON burnt 🌌

Capital has only one task 💤 It is stored in a wallet. It generates some interest on one app. That’s it But there are so many other things that you can do with your capital: 🏦 Lend it and generate interest through borrowings 💵 Generate borrowings against your capital without having to sell anything 🌊 Automate it into providing liquidity 🛡️ Protect a market and get paid for protecting it 🗳️ Staking HORIZON, voting on the allocation of rewards and earning from the protocol revenue All in one platform, all supporting the same system. Capital deserves better than being stored On Horizon, it gets one 🌅

Anyone who’s ever used the concentrated liquidity feature of Uniswap understands how frustrating it is 😮‍💨 You set your range The price gets out of it You stop earning You rebalance. You pay gas fees. Repeat It's almost like having a part-time job 🫠 But not Horizon Vaults 🎯 They determine the range of your pool ⚖️ Rebalance it when the price changes 🔄 Automatically compound your fees 🛡️ Make all deposits and withdrawals safe, meaning the vault can’t be exploited against you 🪙 Deposit with a single token and it’ll be balanced by the vault 🌅 You even earn HORIZON tokens as a reward Zero deposit fees. Zero withdrawal fees. Zero babysitting Concentrated liquidity without the part-time job 🌊

You have faith in your ETH 💎 But you require money And you have to sell… and watch it go up the very next week 😩 It is possible to do it differently Here’s how at Horizon: 🏦 Deposit your ETH as collateral 💵 Take out stablecoin loans against it 📈 Retain all of your ETH exposure 🔁 Pay it back whenever you want, or pay it back in one go by using your collateral Keep what you believe in. Gain access to what you need Horizon. Get your piece 🌅

This is one of the engines powering Horizon ⚙️ Horizon Vaults. This is how the deposit works: 1️⃣ Your liquidity goes into a Uniswap pool and gets auto-managed by the vault. You don’t set the range yourself; the vault does that and also auto rebalances and compounds the fees 2️⃣ Traders trade through this pool and pay trading fees 3️⃣ A part of these fees goes into the protocol revenue of Horizon and is shared between lockers and used for HORIZON buys 4️⃣ The other part of the fees goes to the veHORIZON token holders who have voted for this vault 5️⃣ You, the depositor, receive HORIZON tokens for your vault shares However, there’s more to that. The deep liquidity of Horizon vaults makes their lending markets stronger In one deposit, five things happen. This is one of the economic flywheels we build 🔁

But let us tell you a little bit about what has been going on This is what Horizon looks like at the moment: 🧱 All contracts coded from scratch. No forks, no plagiarizing 🧪 Testnet is live and community has already started exploring it 🔍 Final security review is being completed 🌌 Community is growing every day Everything falls into place. Soon the loans, vaults, daily auctions, locks and points will be enabled all together If you are reading this, you are lucky. Most people won't even hear about Horizon until it launches We are getting there 🔔

Think about the actual essence of your money 🤔 It is the hours you have spent working. The early mornings. The risks you have taken. The choices you've declined for the sake of accumulating it Money is time in a material form. But why don't we make our money do something about it? The majority of people's capital is either idle or split between dozens of applications which do not communicate with each other. Lend here, farm there, stake somewhere else, with every step spending more time, effort, and attention on the process We believe that your capital should be as hardworking as you were when earning it That's how we came up with Horizon. One platform for all your capital activity Your time. Your capital. Your share Horizon. Earn your share 🌅

Money is time made concrete ⏳ Let your money work as hard as you do This is why Horizon was created 🎥

How Horizon operates, in one cycle: People interact with the protocol ↓ Protocol generates revenues ↓ Revenue is distributed to lockers and HORIZON tokens get repurchased ↓ A certain portion of each repurchase is burned Each loan, each deposit into the vault, each bid in an auction contributes to this cycle Nothing exists outside of it ♾️