# Introduction

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Welcome to HorizonDEX! We're introducing a groundbreaking approach to trading on Linea. HorizonDEX is a Concentrated Liquidity DEX which let users allocate liquidity within a custom price range, enabling traders to maximize their efficiency and minimize slippage.

This documentation serves as a comprehensive guide, providing you with all the necessary information to navigate and utilize the advanced features and capabilities of HorizonDEX. Whether you're a seasoned trader or new to the world of decentralized exchanges, this documentation will empower you to take full advantage of the unique benefits offered by HorizonDEX. Let's dive in and explore the future of decentralized trading together!


# Why Linea?

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## A Few Reasons Why Our Team is Bullish on Linea <a href="#id-4ec0" id="id-4ec0"></a>

The recent launch of Linea, a zero-knowledge rollup solution by ConsenSys, has introduced a compelling alternative to existing Layer 2 scaling solutions.

With Linea gaining traction in the Ethereum ecosystem, it is worth exploring why migrating projects to Linea Chain can be a favorable decision.

This chapter will highlight the benefits of Linea, including its zkEVM compatibility, the ConsenSys backing, and its superior developer tools, which make it a promising choice for developers and project owners.

**zkEVM: Zero-knowledge Rollups**

One of the key advantages of Linea is its implementation of zkEVM. Zero-knowledge rollups, like Linea, utilize zero-knowledge proofs to validate transactions, reducing data storage and processing requirements on the Ethereum blockchain. We firmly believe that zk-proofs will be the backbone of all blockchains in future and would like to position ourselves accordingly. The zkEVM compatibility allows Linea to maintain compatibility with Ethereum’s existing developer tools and programming languages, enabling a seamless transition for projects looking to migrate. This compatibility ensures that developers can leverage their existing knowledge and resources, saving time and effort in adapting to a new ecosystem.

**Consensys Backing Linea**

Another compelling factor supporting the migration to Linea is the backing of ConsenSys, a leading Ethereum software company behind MetaMask, Infura, Linea, Truffle, and Diligence. ConsenSys has a strong track record in the industry, contributing to the development of Ethereum and fostering innovation within the ecosystem. The company’s involvement with Linea provides credibility and assurance of ongoing support and updates, which is crucial for the long-term viability and success of any project. Consensys is undoubtedly one of the major contributors to the development of Ethereum infrastructure if not the biggest and with the wealth of knowledge and connections in the space they have, it is almost a guarantee that the Linea will be a success.

**Advanced Developing tools**

Linea also offers better developer tools, making it an attractive choice for project migration. ConsenSys has been actively involved in the development of robust and user-friendly tools for Ethereum developers, and Linea benefits from this expertise. The availability of comprehensive developer tools simplifies the development and deployment process, reducing friction and enabling developers to focus on building innovative solutions rather than grappling with technical challenges. This streamlined development experience can significantly accelerate project timelines and improve overall efficiency.<br>

**Conclusion**&#x20;

HorizonDEX has strategically chosen Linea as its foundation for several compelling reasons. By leveraging Linea's zkRollup technology powered by ConsenSys' zkEVM, we position ourselves as the primary liquidity hub for Linea. Our goal is to drive Linea's growth and facilitate its widespread adoption, ultimately leading to mainstream recognition.


# Our Mission

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## HorizonDEX is the first Concentrated Liquidity DEX on Linea <a href="#id-4ec0" id="id-4ec0"></a>

HorizonDEX is dedicated to its mission of becoming the predominant liquidity hub of the Linea ecosystem.

**HorizonDEX is the first ecosystem-focused and community-driven DEX built on Linea. HorizonDEX mission aligns with the mission of Linea.**

To accomplish this objective, we will introduce compelling incentive programs that enable users to earn attractive yields on the tokens they prefer.

Our overarching goal is straightforward yet impactful: to drive the growth of Linea and establish a foundation that facilitates mainstream adoption of DEFI

## Community Governance  <a href="#id-4ec0" id="id-4ec0"></a>

The concept of community governance holds significant influence in driving adoption, and the growing significance of novel product development approaches is particularly crucial within the highly competitive realm of advanced technology.

At HorizonDEX, we possess a strong belief in the transformative potential of DeFi and blockchain technology. Our primary objective is to make DeFi easily accessible to a wide range of individuals, while also extending the advantages of scaled Ethereum to as many people as possible. Additionally, we are committed to driving the mass adoption of zkEVM technology, Ethereum, and Web3


# Overview

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Meet HorizonDEX, the hyper-efficient liquidity for the Linea ecosystem. HorizonDEX uses Concentrated Liquidity model for it's AMM and solves several outstanding problems that regular Concentrated Liquidity DEXs struggle with.

There are two key actors in HorizonDEX: **Traders** and **Liquidity Providers.** HorizonDEX is providing an efficient infrastructure for these two actors to safely and seamlessly interact, bound by the enforcement of the smart contract logic and subject to game theoretic constraints.

HorizonDEX brings forth innovative features on top of the standard concentrated liquidity model, enabling users to reach unforeseen levels of efficiency and yield.&#x20;

### What makes HorizonDEX unique ?

HorizonDEX offers several feature that aims to provide a seamless trading and LP experience to it's users, namely;

* Capital efficiency via Concentrated Liquidity
* Lazy LP
* Auto-compounding Liquidity Provider Fees
* Custom Pools
* Liquidity Mining Rewards (TBA)

<figure><img src="/files/a4hSZWTWeA17maX1NfgH" alt=""><figcaption></figcaption></figure>


# Incentivized Testnet Campaign

<figure><img src="/files/8PAgwbUaBmhw9AzR2NUM" alt=""><figcaption></figcaption></figure>

HorizonDEX is launching a testnet campaign in order for the community to get used to the UX and improve the protocol upon community feedback. This is a great chance to actively contribute to the development of HorizonDEX.

We encourage all users to try out our dApp and provide any feedback they might have through our socials.&#x20;

### NFT Rewards

All users who successfully participated in our testnet campaign will receive an early supporter NFT. The details about the NFT will be revealed later.

<figure><img src="/files/Liv7L0qa9qOOFBuRrPbR" alt=""><figcaption></figcaption></figure>

For more information, [check our article](https://medium.com/@HorizonDEX_io/launching-lineas-largest-incentivized-testnet-campaign-b7dfdbf12171)!


# Swap

Swap for tokens of your choice on the SWAP page.

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In a concentrated liquidity decentralized exchange (DEX) like HorizonDEX, a swap refers to the process of exchanging one token for another within a custom price range. For traders who would like to swap, there is no need to dive deep into the mechanics of custom price ranges and concentrated liquidity. It's suffice to say that traders will experience less slippage and have a better trading experience overall.&#x20;

Let's walk through how a swap works in HorizonDEX:

<figure><img src="/files/zdSIdFhWPSGkqwdZZVeo" alt=""><figcaption></figcaption></figure>

1. **Select Tokens**: To initiate a swap, you first need to choose the tokens you want to trade. BeatX supports a wide range of tokens, allowing you to access various trading pairs.
2. **Enter Swap Details**: After confirming the available liquidity, you can enter the swap details, including the amount of the token you want to trade and the desired token you want to receive in return. BeatX calculates and displays the estimated amount you'll receive based on the current liquidity.
3. **Review and Confirm**: Take a moment to review the details of your swap, including the estimated slippage and transaction fees. BeatX provides a clear breakdown of all relevant information, allowing you to make an informed decision. If you're satisfied with the details, you can proceed to confirm the swap.
4. **Execute the Swap**: Once you confirm the swap, HorizonDEX dApp initiates the transaction on the blockchain. The decentralized nature of HorizonDEX ensures that your swap is executed securely and transparently, without the need for intermediaries.
5. **Transaction Completion**: After the swap is executed, you'll receive the tokens you requested in your wallet. The transaction details, including the swap price and fees, will be recorded on the blockchain in a transparent manner.

By implementing concentrated liquidity, HorizonDEX revolutionizes the trading experience by providing traders with more control, reduced slippage, and improved efficiency. Whether you're a liquidity provider or a trader, the unique features of HorizonDEX's concentrated liquidity DEX offer a new level of flexibility and optimization for your trades.


# Add Liquidity

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Providing liquidity in HorizonDEX, offers an opportunity to earn unparalleled returns on your capital. After the introduction of Concentrated Liquidity, liquidity provision became relatively harder compared to constant function AMM counterparts. Also the UX suffered from some frictions related to the CLMM design. HorizonDEX offers innovative solutions to several problems encountered in standard CLMM DEXs.

<figure><img src="/files/GUVjQz1qOgZYwdBzkSJA" alt=""><figcaption></figcaption></figure>

### Lazy LP

In DEXs where constant function market maker model is utilized, UX is as simple as it gets. User just approves tokens to be spent and deposits liquidity without any parameter adjustments. Frontends for dApps handle everything behind the scenes.&#x20;

The same approach is not applicable for DEX which utilize Concentrated Liquidity because users need to select the price ranges they wish to provide liquidity to. The selection of price levels is not always straightforward, there are many angles to consider. If the range is too tight, it will earn more fees but it will also be more suspectible for impermanent loss and position can go out of range relatively quickly and stop earning fees. If the range is wide, latter issue is somewhat mitigated as the user doesn't need to be too much concerned with its liquidity going out of range. However wide-range liquidity earn less fees compared to tight ranges as the capital is distributed inefficiently.

![](/files/XLj82XtF7OvH93nBDEgO)

It is obvious that it's a complex problem to find optimal parameters for Concentrated Liquidity positions. To overcome the issue, HorizonDEX offers **Lazy LP** feature where users can choose between 3 options: Active, Passive and Custom. If user selects Active or Passive range, the price levels are automatically selected by our dApp and all the heavy lifting is done behind the curtains.Active range means that the liquidity is automatically deployed to a tight range around price and the users needs to actively monitor the position to make sure it doesn't go out of range and stop earning fees. Passive option is for deploying liquidity to a relatively wider range around current price which doesn't require active maintenance and more suited towards users who seek passive investment option.

Of course users may choose to select custom ranges based on preferences by selecting th custom option and specifying the price levels themselves.We recommend this option to advanced users only.

### Auto-compounding  LP Fees

In CFMM DEXs like Uniswap V2, the fees earned by the liquidity providers are auto-compounded. This enables a great user experience and better capital efficiency as you immediately start to earn from your newly acquired LP Fees. This feature of CFMM DEXs are sacrificed in CLMM DEXs and users need to manually claim the fees acrued to their LP positions.

HorizonDEX solves this issue with it's innovative re-investment curve that compounds all fees earned automatically over full price range. The auto-compounding feature alone, mathematically guarantees that you as a LP earn **MORE** compared to all other CL-DEXs that do not auto-compound as the compounding process will require gas and introduces friction. After all, why bother with manually re-investing when HorizonDEX does it automatically for you for **ZERO** cost ?

### How does providing liquidity works in HorizonDEX ?

![](/files/eCymnsk6M5tVWW2leObe)

1. **Select Tokens**: As a liquidity provider, you need to choose the tokens you want to provide liquidity for. HorizonDEX supports a wide range of tokens, allowing you to participate in various trading pairs.
2. **Select Fee Tiers:** It is important to select an optimal fee tier for the pair you will be prividng liquidity to. It is generally recomended that pairs with high volatility in prices should prifer higher fees vs pairs that trade around similar price levels should go for lower fee tiers.
3. **Specify Price Range**: In HorizonDEX, liquidity providers have the flexibility to concentrate their liquidity within a custom price range. This means you can choose the specific price range where you want to allocate your funds. By doing so, you optimize liquidity provision for that particular range, improving trading conditions for users.
4. **Deposit Tokens**: After selecting the tokens and price range, you'll need to deposit an equal value of both tokens into the liquidity pool. For instance, if you're providing liquidity for a token pair A/B, you'll need to deposit a certain amount of token A and an equivalent value of token B.
5. **Earn Fees**: As a liquidity provider, you earn fees from traders who swap tokens within the price range you've allocated your liquidity to. The fees are distributed based on how much active liquidity do you have in the ranges where prices moves. HorizonDEX calculates and distributes fees automatically, ensuring fairness and transparency. This means that you may not earn any fees if you deploy your liquidity out of the range where price action happens.
6. **Manage Liquidity**: HorizonDEX allows liquidity providers to manage their liquidity positions. You have the option to add more liquidity to an existing pool or withdraw your liquidity entirely. Adding more liquidity helps to increase your share of the pool and potential earnings, while withdrawing liquidity allows you to reclaim your tokens.
7. **Impermanent Loss**: It's important to note that providing liquidity comes with the risk of impermanent loss. This occurs when the price ratio between the tokens in the pool changes compared to the initial deposit. HorizonDEX provides tools and analytics to help you monitor and understand the potential impact of impermanent loss.
8. **Monitor and Optimize**: As a liquidity provider, it's crucial to monitor the performance of your liquidity position. HorizonDEX provides real-time data, charts, and analytics to help you track your earnings, liquidity utilization, and overall performance. You can use this information to make informed decisions and optimize your liquidity provision strategy.

By providing liquidity in HorizonDEX, you become an integral part of the platform's efficiency and functionality. You contribute to concentrated liquidity, creating a more robust trading environment for users while earning fees for your participation.


# Concentrated Liquidity

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HorizonDEX is a decentralized exchange built on the Linea blockchain, offering users a seamless trading experience with enhanced liquidity and reduced slippage. This document aims to provide a comprehensive understanding of the technical aspects behind the HorizonDEX platform.\
\
Decentralized exchanges have gained significant traction in recent years, offering users the ability to trade cryptocurrencies directly from their wallets without relying on intermediaries. However, traditional automated market maker (AMM) models suffer from liquidity fragmentation, resulting in higher slippage and lower capital efficiency. HorizonDEX addresses these limitations by introducing a concentrated liquidity model on the Linea blockchain, empowering traders with enhanced liquidity and improved trading experiences.

## **A Novel Way of Pooling Liquidity**

Earlier implementations of AMMs (such as Uniswap v2) used the so-called XYK model, based on the x\*y=k price curve

<figure><img src="/files/SLBK4JniqAvPYHKdyS4b" alt="" width="375"><figcaption></figcaption></figure>

DEX liquidity pools distribute tokens across a price range, allowing price discovery and adjusting token value based on supply and demand. Deep liquidity minimizes slippage, while thin liquidity causes price movements. A swap of $5,000 DAI for Token B with deep liquidity barely affects the price, but with thin liquidity, a swap of $5,000 USDC for Token B raises the price. Most tokens on the price curve are unused, resulting in inefficient capital deployment for LPs. Providing liquidity to a first-gen AMM earns fees proportionate to contributed tokens but restricts liquidity for other DeFi services.

## Increasing Capital Efficiency with Concentrated Liquidity Market Makers

<figure><img src="/files/SyYF2S2NmNyAqM75W0YB" alt="" width="375"><figcaption></figcaption></figure>

Increasing Capital Efficiency with Concentrated Liquidity Market Makers (CLMMs) allows LPs to choose specific price ranges for their token allocation, enhancing control. These ranges are divided into ticks, ensuring equal distribution of liquidity. Tokens remain in their allocated ticks until withdrawn, and fees are only earned within the chosen price range. CLMMs focus on supplying tokens around the current market value, significantly increasing capital efficiency compared to traditional AMMs. This technology enables LPs to achieve higher yields with fewer tokens, benefiting traders with reduced slippage and projects with optimized liquidity deployment for growth.\
\
In conclusion, concentrating liquidity around the current price and updating positions based on price changes is an effective strategy for maximizing gains while minimizing the risk of asset devaluation. This approach benefits both liquidity providers and traders, allowing LPs to allocate capital strategically and earn higher fees while providing traders with deeper liquidity and reduced slippage.

## Diving into the Depths of Concentrated Liquidity&#x20;

Technically, to understand concentrated liquidity. Consider a pair of tokens 𝑋 and 𝑌 where we measure the price of token 𝑋 in terms of token 𝑌. When providing liquidity for this pair, an LP chooses a price range \[𝑝𝑎, 𝑝𝑏 ] in which they would like to provide liquidity. (We use the terms range and interval interchangeably in the following.) Together with the current price 𝑝, this determines the ratio of the two tokens the LP needs to deposit. The exact amounts of both tokens the LP decides to deposit then determines the amount of liquidity 𝐿 provided to the interval. When a trade occurs, it moves the current price of the pool. All LPs earn a portion of the trading fees proportional to the amount of liquidity they provided to the interval by which the price moved. Note that if the price moves outside the chosen range of an LP, the position consists of only one of the two tokens and stops earning fees. Once the price returns to the range, the position earns fees again. Providing liquidity to a price range can also be thought of as leveraging a passive LP position in the following sense: LPs only put up a fraction of the reserves which are used to calculate their proportion of the fees. The smaller the chosen range, the higher the leverage and the larger the proportion of fees the LP can earn. However, smaller ranges also lead to greater losses for the LP when asset prices decline. We will demonstrate this with an example later

<figure><img src="/files/h3m0xT2Slbzw3Ra84b4E" alt="" width="375"><figcaption></figcaption></figure>

Consider a liquidity position in the range \[𝑝𝑎, 𝑝𝑏 ] as shown in Figure 1. Let 𝑥 ′ (𝑝) and 𝑦 ′ (𝑝) be the virtual reserves of the position at a price of 𝑝 ∈ \[𝑝𝑎, 𝑝𝑏 ] (i.e. the amounts of tokens used to calculate trades against the liquidity position). Then 𝑥 ′ (𝑝)𝑦 ′ (𝑝) = 𝑘 = 𝐿 2 and 𝑦 ′ (𝑝)/𝑥 ′ (𝑝) = 𝑝. This implies 𝑥 ′ (𝑝) = 𝐿/ √ 𝑝 and 𝑦 ′ (𝑝) = 𝐿 √ 𝑝. Hence, the real reserves 𝑥 (𝑝) and 𝑦(𝑝) at price 𝑝 (i.e. the amounts of tokens the position actually consists of) can be calculated as follows.

&#x20;                                 𝑥 (𝑝) = 𝑥 ′ (𝑝) − 𝑥 ′ (𝑝𝑏 ) = 𝐿 1 √ 𝑝 − 1 √ 𝑝𝑏\
&#x20;                                 𝑦(𝑝) = 𝑦 ′ (𝑝) − 𝑦 ′ (𝑝𝑎) = 𝐿 √ 𝑝 − √ 𝑝𝑎\
\
Note that the formulas above only hold for 𝑝 ∈ \[𝑝𝑎, 𝑝𝑏 ]. When the price is not in this range, we have 𝑥 (𝑝) = 𝑥 (𝑝𝑎) and 𝑦(𝑝) = 0 for 𝑝 < 𝑝𝑎 as well as 𝑥 (𝑝) = 0 and 𝑦(𝑝) = 𝑦(𝑝𝑏 ) for 𝑝 > 𝑝𝑏 . The equations (1) can be used to calculate the current value of a liquidity position. In our case, asset 𝑌 will always be USDC, a stablecoin pegged to the US Dollar. At price 𝑝, the liquidity position, consists of 𝑦(𝑝) USDC and 𝑥 (𝑝) units of the second token. The latter amount is worth 𝑥 (𝑝)𝑝 in USDC, meaning the total value of the position is 𝑦(𝑝) + 𝑥 (𝑝)𝑝

As an illustration, consider the following example. Consider an ETH-USDC pool and assume the current price of ETH is 2000 USDC. Two liquidity providers 𝐴 and 𝐵 both start with a position worth 1000 USDC. LP 𝐴 chooses the range \[1818, 2200], while LP 𝐵 chooses \[1667, 2400]. According to (1), this means that they provide about 240 and 128 units of liquidity, respectively. If ETH’s price now falls to 1900, the position of LP 𝐴 will consist of 288.23 USDC and ETH worth 739.40 USDC which adds up to 967.63 USDC. LP 𝐵’s position on the other hand consists of 354.54 USDC and ETH worth 617.27 USDC, i.e. 971.81 USDC in total. In particular, the LP with the smaller interval suffered a larger loss. On the other hand, LP A earns 240/128 = 1.875 times more fees on trades occurring in the range \[1818, 2200] than LP B

In Uniswap v3, LPs cannot choose liquidity range completely arbitrarily. Instead, the price range is divided by so-called ticks which can be chosen as boundaries for liquidity ranges. The ticks are located at 1.0001𝑖 for 𝑖 ∈ Z. For every pool, a tick spacing 𝑡𝑠 is specified, and only ticks with 𝑡𝑠 |𝑖 may be used

\ <br>

<br>


# Farms

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LP Farms or Yield Farming provides the opportunity for users to earn rewards by staking liquidity provider (LP) tokens in the Yield Farms.

The rewards you receive depend on the APR of the Yield Farm you're staking in.

Farming rewards will be distributed in Protocol Revenue/Liquidity Providers in an 20% / 80% ratio.

We will also announce an incentive program for several pairs to deepen the liquidity in the ecosystem.


# Linea-Native DEX

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HorizonDEX is **the first ecosystem-focused and community-driven DEX built on Linea** that aims to become the predominant liquidity hub of the Linea ecosystem.&#x20;

## Official Launch Partner&#x20;

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HorizonDEX has been chosen as the official launch partner for the Linea Mainnet Alpha Release, as part of the Linea Alpha Mainnet launch event. This collaboration heralds the start of an exhilarating journey towards seamless integration and cooperation. As the official launch partner, HorizonDEX will use its expertise in DEX solutions to ensure a smooth and secure trading experience for users on the Linea network.

## Ecosystem Partner&#x20;

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HorizonDEX is officially listed on the Linea’s Ecosystem Page, you check us out on [https://linea.build/apps](https://t.co/SAPUvEWLZm)

<figure><img src="/files/MjDzZG0hp8xS5WTJd2yt" alt=""><figcaption></figcaption></figure>

In addition to **Linea**, HorizonDEX is being supported by prominent players in the industry, including **Orbiter Finance**, **Arc Finance**, **Particle Network**,**SURFI, OKX** and among others.


# Features

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**Driving Sustainability in DEX Business Models through Data-Informed Strategies**

We're focusing on a sustainable, long-term business model that ensures a positive cash flow. This approach distinguishes us from other Decentralized Exchanges (DEXes), many of which are struggling due to a lack of such sustainable models.&#x20;

Furthermore, we're employing a sustainable strategy to retain the Total Value Locked (TVL) after bootstrapping it with initial incentives. To accomplish this, we're incorporating financial modelling, which we believe will be key in attracting and maintaining TVL.

**Enhancing Capital Efficiency and Liquidity Depth in Decentralized Exchanges**

Boasting a capital efficiency ten times higher than Uni-V2, Velocore, or Camelot Forks, we manage to achieve the same liquidity depth with just 10% of the Total Value Locked (TVL).&#x20;

This approach allows us to sustain liquidity for crucial pairs, such as ETH-USDC. Additionally, our team is investigating a Dynamic Fee model as a potential solution to offset Impermanent Loss.

**Adopting a Linea Native Approach: Enhancing User Experience and Brand Identity**

Our efforts are concentrated on the Linea Ecosystem and on attracting new users to Linea. We are committed to increasing the Total Value Locked (TVL) and Trade Volume within Linea.&#x20;

We are also prioritizing UI/UX improvements to make concentrated liquidity more accessible to Linea's retail users. Lastly, we aim to strengthen the Linea brand by focusing on native Linea branding for HorizonDEX.


# Governance

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HorizonDEX is on a path to become a fully community-governed Decentralized Exchange on the Linea blockchain, where all vital decisions are dictated by its community members. Users of HorizonDEX are strongly invited to join and contribute to discussions on our official Discord server.


# Roadmap

🎯Vision: HorizonDEX is on a mission to become Linea’s primary liquidity hub.

<figure><img src="/files/ZqTqn8TpcYLb6FgfGjuY" alt=""><figcaption></figcaption></figure>

Phase 1: R\&D For DEX

**Conceptual Phase:** Through a thorough examination of standard Uniswap-V2 models and the challenges they presented, the idea of a concentrated liquidity DEX emerged. During this conceptual phase, we closely monitored the progress of Linea's development and identified its immense potential, which ultimately led us to select this platform as the ideal foundation for our project.\
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**Market Study & Planning:** During the market study and planning phase, we conducted extensive research to address the challenges of DEXs like low price impact, low capital efficiency, low flexibility, impermanent loss, low trading volume etc. Delving deep into these issues, we strategically formulated plans to enhance and seamlessly integrate them into HorizonDEX.\
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Through extensive research, we conducted an in-depth analysis of various DEXs that are currently being developed on the Linea platform. By carefully examining the analytics and gaining a thorough understanding, we aimed to identify the key features that are most crucial for user experience.\
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Once the decision was taken, our devs started building the first concentrated liquidity DEX on Linea, HorizonDEX.

## Phase 2: Product development and Finishing Docs&#x20;

Phase 2 promises to be the most dynamic and active stage of our project. During this phase, our team focused on the development of smart contracts, ensuring their robustness and efficiency. Simultaneously, we introduced our incentivized testnet to the market, which received an overwhelming response.\
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**Kickoff Incentivized Testnet Campaign**\
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Currently, we are conducting the largest incentivized testnet campaign within the Linea ecosystem, attracting numerous participants. It is truly gratifying to witness the rapid growth of our project, as we have garnered significant hype and a substantial +10K following in just a few weeks.\
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**Partnerships**

During this phase, HorizonDEX forged valuable partnerships with Linea and its various high-potential ecosystem projects. These partnerships were established with the aim of fostering mutual growth and propelling the entire ecosystem to new heights. By collaborating with Linea and its network, we leveraged the strengths and expertise of other Linea ecosystem projects, combining our resources and knowledge to drive innovation and expansion.&#x20;

## Phase 3 : Ready To Launch

**Smart Contract Audit**  \
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Safety is our top most priority, HorizonDEX will undergo three independent security audits to ensure a proper and safe mainnet environment. The audits are currently taking place and will be published as soon as they are finished. In addition, our code is built entirely on Kyberswap Elastic, which has undergone numerous audits with impressive results.

**Mainnet Launch** \
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In the initial phase of the roadmap, HorizonDEX focuses on building a robust infrastructure and establishing a solid foundation. Phase 3 is brimming with excitements as we prepare to launch our Mainnet in Parallel with the Linea Mainnet. This milestone marks a significant step forward for our project. This launch will not just be an event; it signifies the beginning of a new era in decentralized trading.&#x20;

Additionally, we have set our sights on securing listings on reputable exchanges, expanding our reach and accessibility to a wider audience.\
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**Governance Launch** \
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Horizondex is prepared for the upcoming Governance Launch in Phase 3. This milestone brings decentralized decision-making to the platform. Token holders can vote on proposals and stake $HZN tokens for rewards. \
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**UX/UI Improvements**&#x20;

As the platform gains traction and expands its user base, it sets the stage for continued innovation and development, based on the feedback from community, HorizonDEX aims to provide a seamless and efficient trading experience by working on UX/UI.

## Phase 4 : Expansion

HorizonDEX Team will aggressively focus on Expansion and other 💎Milestones to achieve during phase 4 \
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🔸Analytical Dashboard \
🔸Bridge Integration \
🔸Post Launch Development and Support \
🔸Additional Swapping Features \
🔸Build More Ecosystem Partners \
🔸Improving Our Products  \
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**Roadmap currently a work in progress. Keep in mind that it will updated on a daily/weekly basis. Every major Roadmap addition will be communicated on our Social media pages.**


# HZN Token Details

The HZN token is the utility and governance token of the HorizonDEX protocol.

<figure><img src="/files/b6DESJiLwjFsw6pb5vHp" alt=""><figcaption></figcaption></figure>

## Overview

* Ticker - HZN
* Name - HorizonDEX Token
* Total Supply - 100,000,000 HZN
* Contract Address (Linea) - <https://lineascan.build/address/0x0b1a02a7309dfbfad1cd4adc096582c87e8a3ac1>
* Contract Address (Base) - [https://basescan.org/address/0x081AD949deFe648774C3B8deBe0E4F28a80716dc ](<https://basescan.org/address/0x081AD949deFe648774C3B8deBe0E4F28a80716dc >)
* (Use Squid Router Bridge, to bridge between Base and Linea)

## **$HZN Token Distribution** <a href="#id-74c9" id="id-74c9"></a>

The Tokenomics of $HZN is designed to create a vibrant decentralized exchange ecosystem. $HZN holders enjoy benefits such as voting powers and a voice to say in the direction of the protoocol.&#x20;

The HZN token is the utility and governance token of the HorizonDEX protocol. The maximum supply is 100,000,000 HZN. The detailed tokenomics of the HZN token can be found below:

**Early Protocol Supporters:** 15% (100% Unlock at TGE)

**Core Contributors:** 8% (24 months vesting - 0% unlocked at TGE)

**Ecosystem Rewards:** 6% (6 months vesting - 50% unlocked TGE)

**POL:** 9% (100% unlocked at TGE)

**Marketing & Advisory:** 12% (6 months vesting- 50% unlocked TGE)

**Development:** 15% (6 months vesting - 50% unlocked TGE)

**Liquidity Mining/Reserve:** 35% (24 months vesting - 5% unlocked at TGE)

At the genesis there will be 42,250,000 $HZN Tokens unlocked (42.25% of Total Supply).

**Disclaimer:**

$HZN does not in any way represent any shareholding, participation, right, title, or interest in the Distributor, their respective affiliates, or any other company, enterprise or undertaking, nor will $HZN entitle token holders to any promise of fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in any relevant jurisdiction.

$HZN may only be utilised on HorizonDEX, and ownership of $HZN carries no rights, express or implied, other than the right to use $HZN as a means to enable usage of and interaction within HorizonDEX.

The information contained in our roadmap is based on estimates and is not a guaranteed release schedule, and shall not be viewed as such. The information contained in our whitepaper and roadmap is provided for informational purposes only. The token distribution and token supply as outlined in the Documentation is indicative and may be subject to change as reasonably determined by the Protocol. It should not be construed as financial advice or an inducement to purchase our governance token, $HZN, for any purpose other than to interact with the HorizonDEX project. $HZN is intended solely for use within the $HZN protocol, and we make no representations or warranties regarding the value, security, or suitability of $HZN for any other purpose. We strongly encourage you to conduct due diligence and seek professional advice before making investment decisions. By accessing our whitepaper, website, and roadmap, you agree to release and hold us and our affiliates harmless from any liability for using the information.


# Loyalty Program

<figure><img src="/files/Z3qR7JLrZdKpxqb6q3Hp" alt=""><figcaption></figcaption></figure>

The Loyalty Program is part of HorizonDEX's incentive program aiming to provide incentives for traders and liquidity providers.

The core objective here is to fully decentralize the protocol and give voting power to individual DAO members.

Check out the [article](https://medium.com/@HorizonDEX_io/new-networks-are-on-the-horizondex-loyalty-program-for-base-network-75c957a1db47) for more details!


# FAQ

<figure><img src="/files/NSiNsdYo6TPbC7aePCQu" alt=""><figcaption></figcaption></figure>

### Q: What is HorizonDEX?

A: HorizonDEX is the first Concentrated Liquidity DEX built on Linea. Unlike other traditional Automated Market Maker liquidity DEXs, HorizonDEX liquidity pools utilize the capital invested in the pool more efficiently and provide better returns for the liquidity providers and better trade execution with low slippage for traders.

### Q: How can I trade on HorizonDEX?&#x20;

A: It's very easy to swap tokens on HorizonDEX. You just need a Metamask with some tokens in it. Head over to [Swap](/dex/swap) for more informaiton.

### Q: What is concentrated liquidity?&#x20;

A: Concentrated liquidity refers to the practice of allocating liquidity within a specific price range in a DEX. It allows liquidity providers to focus their funds where they expect trading activity is most likely to occur, improving capital efficiency.

### Q: How can I provide liquidity on HorizonDEX?&#x20;

A: To provide liquidity on HorizonDEX, select the tokens you want to provide liquidity for, specify a price range, and deposit an equal value of both tokens into the liquidity pool. You'll earn fees from traders who swap tokens within your allocated range. Check [Add Liquidity](/dex/add-liquidity) page for a more detailed explanation.

### Q: What is impermanent loss?&#x20;

A: Impermanent loss is the temporary loss in value experienced by liquidity providers due to the changing price ratio between tokens in a liquidity pool. HorizonDEX provides tools to monitor and understand the potential impact of impermanent loss.


# Brand Kit

<figure><img src="/files/A7yWK8IIYBjyBaWQJGNO" alt=""><figcaption></figcaption></figure>

**You can download our media resource pack here. Please join our Discord if you need more assistance regarding media resources:**&#x20;

➡️[Brand Kit](https://drive.google.com/drive/folders/1R60PpAtQsRuQdbr9AGpFlfkNn-d6NYWQ?usp=sharing)


# Terms & Disclaimer

<figure><img src="/files/ynRJbXOJKKhahgBgDDPv" alt=""><figcaption></figcaption></figure>

Here are the articles in this section:

[Legal Disclaimer](/resources/terms-and-disclaimer/legal-disclaimer)\
[Terms of Use](/resources/terms-and-disclaimer/terms-of-use)


# Legal Disclaimer

## LEGAL DISCLAIMER

Please read this disclaimer carefully before using <https://horizondex.io> and/or any of its sub-domains (hereinafter referred to as the "Website").

By using the Website, you confirm that you accept this legal disclaimer and agree to comply with it. If you do not agree, do not not use the Website.

### INFORMATION PUBLISHED IS NOT ADVICE

The information provided on the Website does not constitute investment advice, financial advice, trading advice, or any other sort of advice, and you should not treat any of the Website's content as such. Our team provides the Website as a service to the public, and is not responsible for, and expressly disclaims all liability for, damages of any kind arising out of use, reference to, or reliance on any information contained within the Website. While the information contained within the Website is periodically updated, no guarantee is given that the information provided in the Website is correct, complete, and up-to-date.

### USAGE RISKS

The Website will not be responsible for any losses, damages, or claims arising from events falling within the scope of events like, but not limited to: mistakes made by the user (e.g., payments sent to wrong addresses), software problems of the Website or any related software or service (e.g., malware or unsafe cryptographic libraries), technical failures (e.g., hardware wallets malfunction), security problems experienced by the user (e.g., unauthorized access to wallets), actions or inactions of third parties (e.g., bankruptcy of service providers, information security attacks on service providers, and fraud conducted by third parties).

### INVESTMENT RISKS

The investment in cryptocurrencies can lead to loss of money and prices having large range fluctuations. The information published on the Website cannot guarantee no money loss.

The Website user is responsible for understanding these risks, doing own due diligence, and making own decision on how to interface with the Website.

### COMPLIANCE WITH TAX OBLIGATIONS

The users of the Website are solely responsible to determinate what, if any, taxes apply to their cryptocurrency holdings. The owners of, or contributors to, the Website are NOT responsible for determining the taxes that apply to user transactions.

### NO WARRANTIES

The Website is provided on an "as is" basis without any warranties of any kind regarding the Website and/or any content, data, materials and/or services provided on the Website.

The Website functionality is not guaranteed and could be disabled fully or in part without prior notice.

### SECURITY

Security audits don't eliminate risks completely. The Website is not guaranteed to be secure or free from bugs or viruses.

### LIMITATION OF LIABILITY

Unless otherwise required by law, in no event shall the owners of, or contributors to, the Website be liable for any damages of any kind, including, but not limited to, loss of use, loss of profits, or loss of data arising out of or in any way connected with the use of the Website.

### ARBITRATION

The user of the Website agrees to arbitrate any dispute arising from or in connection with the Website or this disclaimer, except for disputes related to copyrights, logos, trademarks, trade names, trade secrets or patents.


# Terms of Use

### USAGE RISKS

The Website will not be responsible for any losses, damages, or claims arising from events falling within the scope of events like, but not limited to: mistakes made by the user (e.g., payments sent to wrong addresses), software problems of the Website or any related software or service (e.g., malware or unsafe cryptographic libraries), technical failures (e.g., hardware wallets malfunction), security problems experienced by the user (e.g., unauthorized access to wallets), actions or inactions of third parties (e.g., bankruptcy of service providers, information security attacks on service providers, and fraud conducted by third parties).

### LIMITATION OF LIABILITY

Unless otherwise required by law, in no event shall the owners of, or contributors to, the Website be liable for any damages of any kind, including, but not limited to, loss of use, loss of profits, or loss of data arising out of or in any way connected with the use of the Website.

### ARBITRATION

The user of the Website agrees to arbitrate any dispute arising from or in connection with the Website or this disclaimer, except for disputes related to copyrights, logos, trademarks, trade names, trade secrets or patents.


# Privacy Policy

This Privacy Policy (the “Policy”) outlines how DCB DAO LLC (“DCB DAO”, “we”, “us” “our”) collects, uses, stores and discloses your Personal Data (defined below) when using our Services. This Policy should be read together with, and forms part of, our Terms and Conditions of Service (the “Terms”), which are available on the Site. Unless otherwise defined herein, capitalised terms in this Policy have the meaning given to them in the Terms.

DCB DAO recognises the importance of protecting Personal Data and we are committed to complying with the Marshall Islands regulations and other applicable data protection laws. Please read this Policy so that you know and understand the purposes for which we collect, use, store and disclose Personal Data.

By accessing our Site or Services, interacting with us or providing your data to us, and subject to your rights at law, you accept and agree to these terms and conditions. If you do not agree with any aspect of this Policy, you should immediately discontinue access or use of the Site and Services.

This Policy supplements but does not supersede or replace any other consents you may have previously provided to us in respect of your Personal Data, and your consents herein are additional to any rights which DCB DAO may have at law to collect, use or disclose your Personal Data.

We may from time to time update this Policy to ensure that it is consistent with future developments, industry trends and/or any changes in legal or regulatory requirements. Subject to your rights at law, you agree to be bound by the prevailing terms of this Policy as updated from time to time. Please check back regularly for updated information on the handling of your Personal Data.

For purposes of this Policy, "Personal Data" means any information that directly or indirectly identifies a particular individual, including any other information that is subject to applicable data protection laws.

### Scope

This Policy applies to our collection, use and disclosure of Personal Data related to the Users of our Services, including on our Site or Platform. This Policy does not apply to job applicants or to DCB DAO’s employees and non-employee contractors, whose Personal Data is subject to different privacy notices.

### Collection of Personal Data

The Personal Data we collect varies depending upon the nature of the Services provided or used, and our interactions with individuals.

**Types of Personal Data Collected.** While the Personal Data we collect varies depending upon the circumstances and Services you use, we collect the following categories of information that may constitute Personal Data:

* Online identifiers: Details of your Wallet as needed for such Wallet to be connected to our Services. If you submit an online form to us, we may require your email address, Telegram tag, Twitter account and/or product-specific information such as your website URL.
* Customer records: electronic customer records.
* Device information: internet protocol (IP) address, web browser type, operating system version, phone carrier and manufacturer, application installations, device identifiers, and mobile advertising identifiers.
* User content: if you post Content on our Site, Platform or a third party platform, if you interact with us, our Services or any User, if you submit feedback and comments to us, or if you in any other way provide Content in the course of using our Services (“User Content”), we may maintain a record of your User Content, including the location, date and time of submission, as well as any other information contained in that User Content.
* Transaction information: including records of JOE Token or other Digital Assets sold, purchased, traded or otherwise dealt with.
* Cookie data: as explained in more detail later in this Policy.
* Location data: location information about a particular individual or device, general location information (for example, your IP address may indicate your more general geographic region).

**Sources of Personal Data.** We may collect Personal Data:

* Directly from you: such as when you use our Services, make a transaction, trade Digital Assets, participate in promotions we offer, register to receive marketing and other communications from us, or contact us for customer support purposes. If you submit any Personal Data relating to other people to us, you represent that you have the authority to do so and have informed that other person about the contents of this Policy.
* From third parties: we may collect information about Users from openly available information on the internet.
* Related to your use of our Services: including information we collect automatically when you use our Services or interact with us or information we derive about you and your preferences or interests based on the Personal Data we collect and our interactions with you. This information may be collected via the cookies when you use our Services and you can find more details about our use of cookies later in this Policy.

### Use of Personal Data

We, and our authorised third parties, will only process your Personal Data where we have the legal grounds to do so. We may use Personal Data for a variety of purposes, as follows:

* Providing support and services: to provide and operate our Services, to respond to your inquiries, to provide troubleshooting, to fulfill your requests, to process any payments and to provide technical support; and for other customer service and support purposes. Our lawful basis is to fulfill any contractual terms with you.
* Analysing and improving our business: to better understand how Users access and use our Services, to evaluate and improve our Services and business operations, and to develop new features, offerings, and services; to conduct surveys and other evaluations (such as customer satisfaction surveys); to monitor consumer interest in our products and Services; to troubleshoot problems that may arise on the Site or Platform; and for other research and analytical purposes. Our lawful basis is our legitimate business interests in understanding and improving our Services or consent where we use cookies or similar technology that are not strictly necessary.
* Securing and protecting our business: to protect and secure our business operations, assets and Services; to investigate, prevent, detect and take action regarding fraud, unauthorised access, situations involving potential threats to the rights or safety of any person or third-party, or other unauthorised activities or misconduct. Our lawful basis is our legitimate business interests in protecting our business and Services.
* Defending our legal rights: to manage and respond to actual and potential legal disputes and claims, and to otherwise establish, defend or protect our rights or interests, including in the context of anticipated or actual litigation with third parties. Our lawful basis is our legitimate business interests in protecting our business or our need to defend ourselves legally.
* Auditing, reporting, corporate governance, and internal operations: relating to financial, tax and accounting audits; audits and assessments of our operations, privacy, security and financial controls, risk, and compliance with legal obligations; our general business, accounting, record keeping and legal functions; and relating to any actual or contemplated merger, acquisition, asset sale or transfer, financing, bankruptcy or restructuring of all or part of our business. Our lawful basis is our legal obligations under relevant legislation such as tax, reporting and/or our legitimate interests in running our compliance programs.
* Complying with legal obligations: to comply with the law, our legal obligations and legal process, such as warrants, subpoenas, court orders, and regulatory or law enforcement requests. Our lawful basis is compliance with applicable law.<br>

**Where we have indicated above that we rely on legitimate interests for processing of Personal Data, we carry out assessments of likely adverse effects and if required a "balancing" test to ensure that our processing is necessary and that your fundamental rights of privacy are not outweighed by our legitimate interests, before we go ahead with such processing. We may also carry out a data protection impact assessment for processing that is likely to result in a high risk to you. You can contact us for more details on our assessments using the details in the Contact Us section below.**

**Aggregate and De-identified Data.** We may de-identify information and create anonymous and aggregated data sets and reports to assess, improve and develop our business, products and Services, prepare benchmarking reports on our industry and for other research and analytics purposes.

### Disclosure of Personal Data

We may share or disclose the Personal Data we may collect as follows:

* Service providers: We may disclose Personal Data to third-party service providers who use this information to perform services for us, such as hosting providers, auditors, advisors, consultants, customer service and/or support providers.
* Subsidiaries, Affiliates, and business partners: We may share your Personal Data with our Affiliates (as defined in our Terms and Conditions of Service); and other businesses we have partnered with to offer our Services; they may use such Personal Data for the purposes set out in this Policy.
* Legal compliance: We may be required to share Personal Data in response to a valid court order, subpoena, government investigation, or as otherwise required by law. We also reserve the right to report to law enforcement agencies any activities that we, in good faith, believe to be unlawful.
* Business transfers: We may disclose and/or transfer Personal Data as part of any actual or contemplated merger, sale, transfer of assets, acquisition, financing and/or restructuring of all or part of our business, bankruptcy or similar event, including related to due diligence conducted prior to such event where permitted by law.
* Protect our rights: We may disclose Personal Data where we believe it necessary to respond to claims asserted against us, to enforce or administer our agreements and terms, for fraud prevention, risk assessment, investigation and/or to protect the rights, property or safety of DCB DAO or our Affiliates, partners, clients, Users and/or others.

We ensure third parties who receive your Personal Data will handle your Personal Data as required by applicable data protection laws, such by putting in place appropriate contracts with third parties to protect your Personal Data.

### Automated Decisions

Automated decisions are those made without human intervention that have a legal effect on you or other similarly significant effect. We do not carry out this type of processing activity.

### Cookies and Analytics

Cookies are small alphanumeric identifiers or small data text files that are sent from a server during a browsing session and is placed on your computer. When we refer to “cookies” we include other technologies with similar purposes, such as pixels, tags and identifiers.

We use cookies or similar technologies, which may be provided by third parties, on our Services to enable certain functionality and for security and fraud detection and prevention, as well as to collect usage information about our Services and the emails that we send, and to personalise content and provide more relevant ads and information. We may combine the information we collect via these technologies with other information, including Personal Data.

You may indicate and choose your cookies preferences at any time through your browser settings, such as to accept certain cookies but reject others. Our policy relating to cookies complies with applicable laws. There are some internet activities that cannot take place without cookies collecting, using or disclosing Personal Data, such as those relating to security and network management. Necessary cookies also for example allow you to navigate back and forth between pages without losing your previous actions from the same session. For such necessary cookies, if you use our Site, you will be considered to have consented to the collection of Personal Data by such necessary cookies.

We will get your express consent where our cookies collect Personal Data in the course of internet activities which you have not clearly requested for, or where you have not voluntarily provided your Personal Data, or where Personal Data collected from such cookies are used for advertisements directed at you.

### Children's Privacy

Following the Terms, our Services are restricted for Users under 18 years of age and they are not allowed to use our Services. DCB DAO does not knowingly collect or maintain Personal Data from children we actually know at the time of collection are under the age of 18. Should we discover that we have collected Personal Data online from a child who is under 18, we will promptly delete that Personal Data. If you have concerns over the collection of children's Personal Data in our Services, please contact us at the information provided in the Contact Us section below.

### Security

The security of your Personal Data is important to us. We have put in place safeguards to protect the Personal Data we collect from unauthorised access, use and disclosure, and we take steps to ensure that all of our employees, agents, contractors and other third parties have similar adequate measures in place. We also have procedures to deal with any suspected Personal Data breach, and we will notify you and any applicable regulator when we are legally required to do so. However, we cannot guarantee that unauthorised access, hacking, data loss, or other breaches will never occur. We urge you to take steps to keep your Personal Data safe, such as choosing a strong password and closing your web browser when you have finished using the Services.

### Transfers Outside your Home Country

We may transfer your Personal Data to countries outside of your home country. The privacy laws in countries outside your home country may be different from those in your home country.

For Users in Marshall Islands. Where we transfer data to a country that has not been deemed to provide adequate data protection standards, we will always have security measures, approved Marshall Islands model clauses (available on the Personal Data Protection Commission of Marshall Islands website at [www.pdpc.gov.sg/](http://www.pdpc.gov.sg/)) or other adequate safeguards in place to protect your Personal Data.

For other Users. If we transfer your Personal Data to countries outside of your home country, we will take steps to comply with the requirements for such transfer in your home country as required by relevant law.<br>

### Links to Third-party Websites

Our Services provide links to various websites operated by third parties including, but not limited to, third-party sites that display Trader Joe trademarks. This Policy does not apply to third-party websites that are accessible through the Services, unless such website directs Users or visitors to this Policy. When you click on one of these links, you will be transferred out of the Services and connected to the website of the organisation or company that maintains that website. Even if an affiliation exists between our Services and a third-party website, we exercise no control over and assume no responsibility for linked websites. Each of these linked websites maintains its own independent privacy and data collection policies and procedures. We encourage you to read the privacy policies of those other websites to learn how they collect, use, share, and secure your information before providing any Personal Data.

### Retention

Except to the extent prohibited by law, and subject to this Policy, we will retain and use your Personal Data for as long as it is needed to provide you with any Services, communications, information you have requested, or access to the Services, to document our business relationship with you, and as necessary to comply with our legal obligations, resolve disputes, and enforce our agreements. As soon as it is reasonable to assume your Personal Data is no longer needed or required, we will cease to retain your Personal Data.

### Your Rights

By law, you have a number of rights when it comes to your Personal Data. Further information and advice about your rights can be obtained from the data protection regulator in your country. The rights you have depend on the jurisdiction in which you are based.

You may request for a copy of the Personal Data which we hold about you or information about the ways we use or disclose about your Personal Data. You may also ask us to correct or update your Personal Data, or withdraw your consent and request us to stop using or disclosing your Personal Data for any of the purposes stated in this Policy. You may do so by submitting your request in writing or via email at the contact details provided in the Contact Us section below.

We usually act on requests and provide information free of charge, but we may charge a reasonable fee to cover our administrative costs of providing the information for baseless or excessive/repeated requests, or further copies of the same information. Alternatively, we may be entitled to refuse to act on the request in some circumstances.

We will respond as soon as we can. Generally, this will be within one month from when we receive your request but, if the request is going to take longer to deal with, we will come back to you and let you know.

Under Marshall Islands regulations, your rights are:

* The right to be informed. You have the right to be provided with clear, transparent and easily understandable information about how we use your Personal Data and your rights. This is why we are providing you with the information in this Policy. If you have any additional questions, for example regarding transfers and locations of data or our legitimate interests basis, please contact us.
* The right of access. You have the right to obtain access to your Personal Data (if we are processing it), and certain other information (similar to that provided in this Policy) save for any applicable exemptions to do so under the data protection law. This is so you are aware and can check that we are using your Personal Data in accordance with data protection law.
* The right to rectification. You are entitled to have your information corrected if it is inaccurate or incomplete.
* The right to restrict processing. You have rights to "block" or suppress further use of your Personal Data. We keep lists of people who have asked for further use of their information to be "blocked" to make sure the restriction is respected in future.
* The right to data portability. You have rights to have your Personal Data transferred to another organisation under certain conditions.
* The right to object to processing. You have the right to object to certain types of processing, including processing for direct marketing.
* The right to lodge a complaint. You have the right to lodge a complaint about the way we handle or process your Personal Data with your national data protection regulator.
* The right to withdraw consent. If you have given your consent to anything we do with your Personal Data, you have the right to withdraw your consent at any time (although if you do so, it does not mean that anything we have done with your Personal Data with your consent up to that point is unlawful). This includes your right to withdraw consent to us using your Personal Data for marketing purposes.

### Changes to this Policy

This Policy is kept under regular review and may be updated from time to time. When we make changes to this Policy, we will change the "Updated" date above. If a material change is made to this Policy, we may choose to provide notice of such change, such as by providing notice through the Site or Platform, or through other communications.

### Changes to your Information

It is important that the information we hold about you is accurate and current. Please keep us informed as soon as possible if your Personal Data changes or is inaccurate during your relationship with us by using the contact details set out below.

### Contact Us

If you have any concern about our privacy practices, please contact us via Discord.

\ <br>


# Audit

<figure><img src="/files/PIQgAbj8RbR6xlhFeSoy" alt=""><figcaption></figcaption></figure>

HorizonDEX is successfully Audited by **SOLIDProof, DEFIMOON** and by **Hacken**.\
\
SOLIDProof is a well-established auditing firm in the blockchain industry, specializes in smart contract audits and security assessments. SOLIDProof is the top-tier smart contract auditor that has completed 700+ successful audits of some of the most well-known teams and projects, including PinkSale, CultDao, UNCX Network, Zyberswap etc\
\
SOLIDproof Audit Proof : <https://github.com/solidproof/projects/blob/main/2023/Horizon%20DEX><br>

<figure><img src="/files/VFquE1wP8ByhMd82EFav" alt=""><figcaption></figcaption></figure>

&#x20;Hacken is one the best smart contract auditor that has completed 1,200+ successful audits of some of the most well-known teams and projects, including Avalanche, Polygon, Klaytn , Near, Sandbox, Polkastater, Kyber Network, IOTex, Dao maker etc. \
\
Hacken Audit Proof : <https://github.com/Horizon-Dex/Audits/blob/a1c7f31238a7b0d3390f37d178d855cf284cdcee/HorizonDEX_SC%20Comparison%20Report_11.07.2023_SA-1644%20(2).pdf>

<figure><img src="/files/ZxQJHtmIE45Kga9hd9Rl" alt=""><figcaption></figcaption></figure>

Again, DEFIMOON is the International Blockchain Development & Security Agency. It provides professional services and solutions at the highest quality on world-leading chains.Defimoon has conducted audits for reputable projects such as Algem, Inverse Finance, LedgeFi, Spharium, Vyper Protocol, and more.\
\
DEFIMOON Audit Proof: <https://github.com/Defimoonorg/Audit-Report/blob/main/Horizon-Dex.pdf>\
\
DEFIMOON Token Sale Contract Audit: <https://github.com/Horizon-Dex/Audits/blob/main/Horizon-Sale_Reaudit.pdf>

<figure><img src="/files/NynNBnkhUMIUuohd8jue" alt=""><figcaption></figcaption></figure>

In addition, our code is built entirely on Kyberswap Elastic, which has undergone [numerous audits](https://chainsecurity.com/security-audit/kyberswap-elastic/) with impressive results.&#x20;


# Contracts

<figure><img src="/files/Ne7a4FUhkwgBn3KBeBYP" alt=""><figcaption></figcaption></figure>

### Linea Mainnet Contracts

| Contract Name   | Testnet Address                            |
| --------------- | ------------------------------------------ |
| Factory         | 0x9Fe607e5dCd0Ea318dBB4D8a7B04fa553d6cB2c5 |
| Router          | 0x272E156Df8DA513C69cB41cC7A99185D53F926Bb |
| Quoter          | 0x07AceD5690e09935b1c0e6E88B772d9440F64718 |
| DescriptorProxy | 0x94ddDe405A00180891eD79Dc1147F0d841c30D73 |
| Descriptor      | 0x99AEC509174Cbf06F8F7E15dDEeB7bcC32363827 |
| PositionManager | 0x438670D41D5118003B2F42cc0466fbadd760DbF4 |
| TicksFeesReader | 0xb3cc484A60bC300719AaEFbd158a4e8E59d84555 |
| PoolOracle      | 0xA749Ad81913CdC19881EBEb64631dF72be708335 |
| PoolOracleProxy | 0x79756d90A882a1621eC35723849daC785694D93a |

### Base Mainnet Contracts

| Contract Name   | Testnet Address                            |
| --------------- | ------------------------------------------ |
| Factory         | 0x07AceD5690e09935b1c0e6E88B772d9440F64718 |
| Router          | 0x99AEC509174Cbf06F8F7E15dDEeB7bcC32363827 |
| Quoter          | 0x94ddDe405A00180891eD79Dc1147F0d841c30D73 |
| DescriptorProxy | 0xC67C9038020DBd5d0669f90aE62Cb934Eb8a8aeB |
| Descriptor      | 0x438670D41D5118003B2F42cc0466fbadd760DbF4 |
| PositionManager | 0xb3cc484A60bC300719AaEFbd158a4e8E59d84555 |
| TicksFeesReader | 0x2E1cbA4a9f6E69d27e65046fC93b873b05F79a39 |
| PoolOracle      | 0x9Fe607e5dCd0Ea318dBB4D8a7B04fa553d6cB2c5 |
| PoolOracleProxy | 0x272E156Df8DA513C69cB41cC7A99185D53F926Bb |

### Testnet Contracts

| Contract Name   | Testnet Address                            |
| --------------- | ------------------------------------------ |
| Factory         | 0x3aa7f3279Bf49F8CaDE4665c2c65c3D11D00a9d9 |
| Router          | 0x31A72FB172f2139F1f77702A5CE85DC1E745E783 |
| Quoter          | 0xE4F87Dd751BE7766FAa4AB606b4EEc45595614E3 |
| DescriptorProxy | 0x037aE6a786D0c620E232B2eD3d538C484cF48EAe |
| Descriptor      | 0x517761dEA087fFa162608f7526ef04b921784dD1 |
| PositionManager | 0xFec9A16B228Fc0D91CfA4340dA7c5b39131fa45f |
| TicksFeesReader | 0xFdFCce3c3fee187e8E0b95123fBcd7A31c974E84 |
| PoolOracle      | 0xFf199C1CdF49C9505d6220c5c49B0E5E439ec02f |
| PoolOracleProxy | 0x0e5c321A98B364EC3C00a3EDE78e646C93B08647 |


# Links

<figure><img src="/files/AndMm5OrBe7jOFmtKeUG" alt=""><figcaption></figcaption></figure>

* **Website**: <https://horizondex.io>
* **Twitter**: <https://twitter.com/horizondex_io>
* **Medium:** <https://medium.com/@horizondex_io>
* **GitHub**: [https://github.com/horizondex](https://github.com/HorizonDex)
* **Zealy:** <https://zealy.io/c/horizondex/questboard>
* **Discord:** <https://discord.com/invite/horizondex>
* **Telegram:** <https://t.me/horizondex_io>


