- Horizon companions with Auros for $ZEN liquidity forward of launch of EVM-compatible platform EON
- Auros is a number one algorithmic buying and selling and market-making platform.
- This partnership goals to reinforce the liquidity of the $ZEN token throughout CEX and DEX platforms.
Horizen, a number one Layer 0 public blockchain, has introduced a partnership with Auros, a world algorithmic buying and selling and market-making firm.
Eye of Horizon elevated $ZEN liquidity
The strategic partnership goals to extend entry to Horizen’s native token, $ZEN, in accordance with a press launch shared with CoinJournal on Tuesday.
This comes forward of the launch of EON, a brand new EVM-compatible good contract community developed by the Horizen staff, the platform talked about within the announcement.
Auros is among the main market individuals, with over $1 billion traded every day. It has been built-in with a number of venues and its algorithms and excessive frequency heritage underpin this partnership.
“We’re excited to accomplice with Auros, a market chief in algorithmic buying and selling and market-making companies. Their experience in bespoke liquidity options will undoubtedly strengthen the EON ecosystem.mentioned Rob Viglione, co-founder of Horizon.
Based on Horizon, the partnership with Auros will improve the liquidity of the $ZEN token throughout centralized and decentralized exchanges. Folks can simply purchase $ZEN, rising alternatives for merchants, DeFi customers and builders to hitch his EON ecosystem.
This could assist unlock not solely liquidity, but in addition utility and innovation throughout the ecosystem of good contract platforms. It should additionally drive general development within the digital asset area, mentioned Ben Roth, chief info officer and co-founder of Auros, in an announcement.
“By bringing our proprietary buying and selling know-how and methods to Horizon’s EON, we’re proud to broaden the provision of liquidity on each the platform and the $ZEN token, delivering extra worth to all customers. enhance.mentioned Ross.
“Past offering liquidity, this partnership can be an necessary step and new hope for the decentralized ecosystem in collectively working in the direction of a extra resilient future for digital property.”
Horizon EON is dwell on the Gobi testnet.