Zasset zUSD (zUSD) is a $1-pegged stablecoin minted on Horizon Protocol by staking HZN as collateral. More
| Fully Diluted Valuation | $74,359 |
|---|---|
| 24H Trading Volume | $7 |
| 24H Low / High | $0.82 / $ 0.83 |
| Circulating Supply | 89.56K |
| Total Supply | 89.56K |
| Max Supply | ∞ |
| Categories | Decentralized Finance (DeFi) 4 more |
|---|---|
| Founder | Anonymous |
| Website | horizonprotocol.com |
| Socials | 2 more |
| Chains | Binance-smart-chain Ecosystem |
| Explorer | Binplorer 2 more |
| Contracts |
0xf01....ae7b9
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| Name | Pair | OG Score |
|---|
Zasset zUSD, commonly known as zUSD, is a stablecoin pegged to the US Dollar at a 1:1 ratio. This means each zUSD is designed to maintain a stable value of $1. It is part of the Horizon Protocol and plays a crucial role in its ecosystem.
How Does zUSD Work?
zUSD is minted by staking HZN, the native token of Horizon Protocol, as collateral. When users stake HZN, they create zUSD, which can then be used for trading synthetic assets, such as zBTC, zETH, zAPPL, and zTSLA. These synthetic assets represent both the crypto market and real-world assets, enabling broader trading opportunities.
Key Uses of zUSD
What Makes zUSD Unique?
zUSD is always minted or burned at a fixed value of $1. It is fully backed by the HZN tokens staked in Horizon Protocol, ensuring its stability. The project aims to expand collateral options in the future, starting with assets like BNB.
How to Add zUSD to Your Wallet
To use zUSD, you need to add its token address: 0xf0186490b18cb74619816cfc7feb51cdbe4ae7b9 to your wallet.
Why Choose zUSD?
zUSD offers a stable, regulated, and secure way to engage in trading and liquidity provision on Horizon Protocol. Its role as a stablecoin backed by HZN staking ensures trust and functionality in the dynamic world of decentralized finance (DeFi).
zUSD is uniquely backed by HZN staked on Horizon Protocol, ensuring a $1 peg while enabling trading of synthetic assets and liquidity provision in DeFi.
The founders of zUSD are the team behind Horizon Protocol, though specific names have not been disclosed.
zUSD's development is supported by Horizon Protocol and its community-driven ecosystem, with plans for further collateral and liquidity expansion.
PancakeSwap (v2), Pancakeswap V3 (BSC), Wombat (BNB)
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