🪙HZN Token Details
Last updated
Last updated
The HZN token is the utility and governance token of the HorizonDEX protocol.
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
(Use Squid Router Bridge, to bridge between Base and Linea)
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.
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.
