1. BITBILIHome
  2. Article

Horizen and Auros partner to expand liquidity and access to ZEN token

• 202 views

TL;DR Breakdown

  • Horizen partners with Auros to enhance ZEN token liquidity and access.
  • Auros’ algorithmic trading expertise fortifies the Horizen partnership.
  • Increased liquidity unlocks opportunities for traders, DeFi users, and builders in the EON ecosystem.

Horizen, a leading layer-0 public blockchain, has unveiled its strategic partnership with Auros, a global algorithmic trading, and market-making firm. This collaboration, aimed at increasing access to Horizen’s native token, ZEN, marks a significant milestone for both companies. The announcement comes just ahead of the highly anticipated launch of EON, a new EVM-compatible smart contracts network developed by Horizen.

With trades surpassing a billion dollars daily, Auros is among the foremost market participants, renowned for its algorithmic and high-frequency trading expertise. Leveraging this heritage, Auros will play a crucial role in fortifying the partnership.

“We are thrilled to collaborate with Auros, a market leader in algorithmic trading and market-making services. Their proficiency in bespoke liquidity solutions will undoubtedly bolster the EON ecosystem,” commented Rob Viglione, Co-founder of Horizen, expressing his excitement about the collaboration.

According to Horizen, the partnership with Auros will provide enhanced liquidity for the ZEN token across centralized and decentralized exchanges. This development opens up new avenues for traders, DeFi users, and builders to engage with the EON ecosystem by simplifying the purchase of ZEN tokens.

This increased liquidity facilitates seamless transactions and stimulates utility and innovation within the innovative contract platform’s ecosystem. Ben Roth, the Chief Information Officer and co-founder of Auros emphasized the broader impact of the partnership, stating, “By integrating our proprietary trading technology and strategies into Horizen’s EON, we take pride in expanding liquidity availability for both the platform and the ZEN token, thus delivering enhanced value to all users.

Moreover, this collaboration represents a significant step forward and instills new hope in the decentralized ecosystem as we collectively strive for a more resilient future for digital assets.

The Horizen and Auros alliance heralds a promising advancement for the decentralized landscape, establishing a solid foundation for digital assets. Consequently, this partnership unlocks liquidity opportunities and accelerates overall growth and resilience within digital assets.

The strategic collaboration between Horizen and Auros sets a groundbreaking precedent in the evolution of the decentralized ecosystem. With a shared vision for resilience and innovation, this partnership not only amplifies accessibility to the ZEN token but also propels the utility and adoption of cryptocurrencies, forging a path toward a prosperous future for digital assets.

The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

文章来源于互联网:Horizen and Auros partner to expand liquidity and access to ZEN token

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年6月16日 16:36
Next 2023年6月16日 17:58

Related articles

  • U.S CFTC commissioner proposes innovative Time-Limited crypto pilot program

    TL;DR Breakdown Caroline D. Pham introduces a time-bound CFTC pilot program to foster the growth and regulation of digital assets and tokens in the U.S. The proposal faces potential challenges due to political dynamics within the CFTC and differing views on crypto regulation. Description In a recent development, CFTC Commissioner Caroline D. Pham has introduced an idea that could reshape the way cryptocurrency is regulated in the U.S. This proposal, termed as a time-limited crypto pilot program, aims to foster the growth and regulation of digital assets and tokens. While this is Pham’s viewpoint and doesn’t represent the stance … Read more In a recent development, CFTC Commissioner Caroline D. Pham has introduced an idea that could reshape the way cryptocurrency is regulated in the U.S. This proposal, termed as a time-limited crypto pilot program, aims to foster the growth and regulation of digital assets and tokens. While this is Pham’s viewpoint and doesn’t represent the stance of the CFTC, it has garnered significant attention in the crypto community. Contents hide 1 A proponent of crypto regulation 2 The political…

    Article 2023年9月8日

  • Reboot or retreat? Kraken co-founder questions the viability of FTX 2.0’s comeback

    TL;DR Breakdown Kraken’s co-founder Jesse Powell criticized FTX 2.0’s revival, suggesting it would be worse than starting fresh. The FTX 2.0 Coalition defended the reboot, citing the value of 1.8 million creditors and the need for market alternatives. Powell’s comments sparked debate in the crypto community, highlighting challenges in the evolving cryptocurrency exchange landscape. Description Jesse Powell, co-founder of crypto exchange Kraken, recently sparked controversy by questioning the feasibility of the proposed revival plans for the bankrupt crypto exchange FTX 2.0. The bold statements made by Powell and the subsequent responses from the FTX 2.0 Coalition highlight deep divisions in the crypto community regarding the future of the once-prominent exchange. … Read more Jesse Powell, co-founder of crypto exchange Kraken, recently sparked controversy by questioning the feasibility of the proposed revival plans for the bankrupt crypto exchange FTX 2.0. The bold statements made by Powell and the subsequent responses from the FTX 2.0 Coalition highlight deep divisions in the crypto community regarding the future of the once-prominent exchange. Powell’s criticism focused on what he perceives as significant obstacles to the…

    Article 2023年8月3日

  • Dropbox ends unlimited storage plans, cites crypto mining abuse

    TL;DR Breakdown Dropbox discontinues its unlimited storage Advanced plan, citing abuse by users for cryptocurrency mining and other resource-intensive activities. The company will transition to a metered model, offering 15TB of storage for new users, with the option to purchase additional storage add-ons. Description Dropbox, the popular online storage platform, announced the discontinuation of its unlimited storage Advanced plan, citing abuse by users engaged in cryptocurrency mining. The company revealed that the unlimited storage offering, initially designed for businesses, had been exploited for resource-intensive activities, including crypto mining and pooling storage for personal use. Dropbox policy to address unintended … Read more Dropbox, the popular online storage platform, announced the discontinuation of its unlimited storage Advanced plan, citing abuse by users engaged in cryptocurrency mining. The company revealed that the unlimited storage offering, initially designed for businesses, had been exploited for resource-intensive activities, including crypto mining and pooling storage for personal use. Dropbox policy to address unintended usage Dropbox’s Advanced plan was initially tailored to offer businesses the flexibility of unlimited storage as their teams expanded. However, the company found…

    Article 2023年8月27日

  • US Vice President Kamala Harris assures support for Nigeria’s economic reforms in dialogue with President Tinubu

    TL;DR Breakdown US Vice President Kamala Harris has expressed support for Nigeria’s economic reforms during a conversation with President Tinubu. The dialogue focused on the importance of strengthening Nigeria’s economy and the potential for increased US-Nigeria economic ties. The US Vice President also acknowledged the efforts of President Tinubu in implementing economic policies aimed at reforming Nigeria’s economy. Description In a significant development, US Vice President Kamala Harris has engaged in a high-level dialogue with Nigeria’s President Bola Ahmed Tinubu, expressing the US’s commitment to deepening economic ties with Nigeria. This conversation marks the highest-level US engagement since President Tinubu’s inauguration in May. During the conversation, Harris commended President Tinubu’s economic policies, particularly his … Read more In a significant development, US Vice President Kamala Harris has engaged in a high-level dialogue with Nigeria’s President Bola Ahmed Tinubu, expressing the US’s commitment to deepening economic ties with Nigeria. This conversation marks the highest-level US engagement since President Tinubu’s inauguration in May. Today, I spoke with President Tinubu of Nigeria about the strong ties between the Nigerian and American people and…

    Article 2023年7月30日

  • Former Alameda engineer shares unique inside look at SBF

    TL;DR Breakdown Aditya Baradwaj unveils SBF’s duplicitous activities inside the hidden world of Alameda. Grand visions of vaccine factories and political plays crumbled, leaving stakeholders devastated. SBF now languishes in MDC, far from his former crypto throne. Description You know, just when you think you’ve heard it all, a new revelation emerges to turn things upside down. The world of cryptocurrency, a sphere often colored by big promises and even bigger egos, is in the bad kind of spotlight, thanks to the criminal Samuel Bankman-Fried. And not just for his failed company or … Read more You know, just when you think you’ve heard it all, a new revelation emerges to turn things upside down. The world of cryptocurrency, a sphere often colored by big promises and even bigger egos, is in the bad kind of spotlight, thanks to the criminal Samuel Bankman-Fried. And not just for his failed company or the fact that he is in jail having the worst time of his life right now, but for what’s being hinted at as a long series of dodgy undertakings….

    Article 2023年8月24日
TOP