What is a Horizon Ranger?

Horizon Rangers is an ambassador program that brings together people in the community who are passionate and interested in providing educational content about DeFi and Horizon Protocol to the larger crypto community. They will be in charge of supporting and sharing content in crypto channels, as well as creating guidelines and content that will help onboard new users and spread awareness in the crypto and Horizon Protocol ecosystem. Horizon Rangers are the keepers of the forests, regional leaders committed to supporting the growth of DeFi and Horizon Protocol in their local communities to help accelerate the community and project growth. As Horizon Protocol Launches Horizon Rangers Program.

What does a Horizon Ranger do?

Knowledge Sharing

• Share and provide helpful information around DeFi and Horizon Protocol in other community channels.
• Create a positive environment to help users better understand the fundamentals and value of DeFi and synthetic assets.
• Use Telegram, Discord, Reddit, and/or Twitter to represent Horizon Protocol as a Horizon Ranger and play an active role in advocating for the project on social media on a daily/weekly basis.
• Help create constructive discussions around Horizon Protocol, HIPs, the product’s user experience, and the project’s future.

Content Creation

• Create knowledge and engaging content that invites and brings users into the Horizon Protocol community.
• Translate documents, articles, and social media posts.
• Create image content for infographics to help visualize the educational content around DeFi and Horizon Protocol.
• Create video content that can be posted on YouTube or other channels.

Community Expansion

• Maintain regional community channels to develop stronger relationships with, and get close to the communities at a regional/country level.
• Represent Horizon Protocol in offline and online events.
• Help to provide insight for influencer collaboration and project partnership

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About Horizon Protocol

Horizon Protocol is a differentiated DeFi platform that extends “mainstream DeFi” (borrowing, lending, liquidity) into the creation of on-chain synthetic assets representing the real economy.

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SOURCE: MEDIUM

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They are leveraging Chainlink Automation to provide users with the option to help securely and cost-efficiently trigger the claim function that distributes weekly rewards. As a result, users will be able to automate the rewards-claiming process and not have to manually claim every week. A full guide on how to implement this can be found on Horizon Academy.

To create on-chain synthetic assets, Horizon Genesis to stake and mint zUSD, a stablecoin with a high collateralization ratio. Active staking is to make sure the collateralization is balancing and protecting. Which is where Chainlink Automation comes in. Chainlink Automation provides users with a way to automatically claim their weekly rewards instead of having to manually claim them every week.

Horizon Protocol Integrates Chainlink

Chainlink Automation is a decentralized service purpose-built to manage tasks on behalf of smart contracts. Chainlink Automation leverages decentralized, hyper-reliable, and economically incentivized automation nodes to wake up smart contracts when they need to perform critical on-chain functions, which usually take place at regular time intervals (e.g., every day at the same time) or based on external events (e.g., when an asset hits a specific price).

About Chainlink

Chainlink is the industry-standard Web3 services platform that has enabled trillions of dollars in transaction volume across DeFi, insurance, gaming, NFTs, and other major industries. As the leading decentralized oracle network, Chainlink enables developers to build feature-rich Web3 applications with seamless access to real-world data and off-chain computation across any blockchain and provides global enterprises with a universal gateway to all blockchains.

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About Horizon Protocol

Horizon Protocol is a DeFi platform that facilitates the on-chain trading of synthetic assets that represent the real economy. Horizon Protocol seeks to provide exposure to real-world assets risk/return profiles via smart contracts on the blockchain.

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RESOURCES

https://horizonprotocol.medium.com/horizon-protocol-integrates-chainlink-automation-to-help-trigger-the-process-of-claiming-weekly-63b64da453fe

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This Chainlink Keepers integration allows Horizon Protocol to securely and cost-efficiently automate the distribution of Horizon Exchange fees and staking rewards to HZN stakers in a timely manner. As Horizon Protocol Integrates Chainlink Keepers.

This marks another step forward in achieving the complete decentralization of Horizon Protocol. Decentralizing weekly reward distribution through Chainlink Keepers is one of many opportunities to further decentralize Horizon Protocol. As stated in the development roadmap, Horizon Protocol aims to leverage Chainlink Keepers to not only help provide their users with the increased security and robustness native to a truly decentralized ecosystem, but to also introduce further improvements that enhance the user experience.

What is Chainlink Keepers?

• Decentralized Execution — Chainlink Keepers provide reliable, trust-minimized automation with no single point of failure, mitigating risks around manual processes and centralized servers.
• Increased Efficiency — Projects that use Chainlink Keepers are able to reduce time spent on DevOps, minimize operational overhead, and streamline development workflows.
• Enhanced Security — Tamper-proof, Sybil-resistant Chainlink Keepers sign on-chain transactions themselves, enabling automated smart contract execution without exposing private keys. Developers are able to schedule time-based automation jobs in seconds using the no-code UI.
• Easy-to-use — Developers are able to schedule time-based automation jobs in seconds using the Chainlink Keepers Job Scheduler’s no-code UI.

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About Horizon Protocol

Horizon Protocol is a DeFi protocol on BNB Chain that facilitates the issuance and trading of borderless synthetic assets. Horizon Protocol bridges the products of traditional financial markets and brings them into the world of decentralized finance (DeFi) in the form of synthetic assets. Synthetic assets, or zAssets on Horizon Protocol, allow users to gain exposure to the risk/reward profiles of a wide-range of real-world assets and derivative products, including commodities, cryptocurrencies, NFTs, fiat, and even combinations, or baskets of assets. Horizon Protocol users can invest or speculate on zAssets in borderless spot, futures, and options markets.

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About Chainlink

Chainlink is the industry standard for building, accessing, and selling oracle services. Needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API. Leverage secure off-chain computations for enabling feature-rich applications.

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SOURCE: MEDIUM

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