Today Horizon Protocol zBNB (ZBNB) During the week, the minimum price for Horizon Protocol zBNB (ZBNB) is fixed on Wednesday at 507.24 dollars. Currently, the token Horizon Protocol zBNB is trading in the range of 507.24 dollars or 47,449.95 rubles for 1 ZBNB.
Horizon Protocol zBNB ZBNB
Price of Horizon Protocol zBNB (ZBNB)
Exchanges where ZBNB is traded
No dataCalculator ZBNB
1 ZBNB = 507.24 USD
What is Horizon Protocol zBNB?
Horizon Protocol bridges the products of traditional financial markets and brings it into the world of decentralized finance (DeFi) in the form of synthetic assets.
Synthetic assets are tokenized derivatives, which are contracts that represent the underlying value of an asset, without requiring actually holding the asset itself.
zBNB is one of the 25+ synthetic assets (zAssets) backed by Horizon Protocol’s liquidity system. Because BNB is the native coin on Horizon Protocol’s home chain, as well as the most liquid asset on the BNB Chain, liquidity for zBNB was chosen and incentivized as a secondary on/off-ramp for users to get access to zAssets on the open market (zUSD being the primary). Furthermore, a secondary zAsset market is important for non-protocol participants to also access and arbitrage zAsset open market price deviations without actually having to collateralize the zAssets themselves through staking.
Official websites and links for Horizon Protocol zBNB
There are currently about 5 official links to Horizon Protocol zBNB websites and social media:
- Website - horizonprotocol.com
- Twitter - twitter.com/HorizonProtocol
- Reddit - reddit.com
- Facebook - facebook.com
- GitHub - github.com/Horizon-Protocol/Horizon-Smart-Contract