On May 2nd, our partner StakeHound informed us of an unfortunate event involving one of their custody providers that could affect stZEN liquidity providers in stZEN:stETH liquidity pool. 38,178 of StakeHound’s staked Ethereum may have been rendered inaccessible to the StakeHound team. Read StakeHound’s statement for details .
Although this issue is limited to stETH, this may still affect stZEN holders who provide liquidity to the stZEN:stETH pool. stZEN will not be available to swap with stETH until functionality for stETH is fully unlocked by StakeHound. StakeHound performed a smart contract upgrade that allows the removal of liquidity from stTokens:stETH…
The HCC aims to bring topics of interest to the attention of the broader Horizen ecosystem and document interactions in a transparent and accurate way.
The initiative is open to all Horizen community members and can be joined by anyone who is interested in the development of the Horizen project. Members of the initiative help to educate ZBF and its partners on the interests of the community and enable Horizen’s team to make community-conscious decisions for the use of Horizen’s treasury funds, project activities, and more.
We are excited to announce that Horizen is now supported on Transak. Their platform aggregates fiat on-ramps to help reduce barriers to financial services. This integration makes ZEN more accessible to the Horizen community. ZEN will be available on Transak for trades with EUR and GBP.
Transak is a global fiat-to-crypto payment gateway. It allows businesses to onboard more users to crypto and DeFi, integrating local compliance, payment methods, and liquidity from around the world. Transak is backed by Consensys, The LAO, Lunex, IOSG and Koji Capital. For more information, visit https://transak.com/.
We are excited to announce that Horizen is now supported on Guardarian, a white-label gateway that allows the exchange of over 200 cryptocurrencies for fiat on multiple payment solutions. Guardarian enables our partner ChangeNOW to offer ZEN for USD and EUR.
Guardarian started its operations in June 2020. We are set out to become the most comfortable and fast exchange out there. With more than 200+ cryptocurrencies and no registration requirements, we want to turn our customers’ experience with buying and selling crypto to something casual like getting a coffee at your favorite coffee shop.
Start exchanging now! Visit guardarian.com
We are thrilled to announce the Latus Incentive Scheme whitepaper , which details the reward scheme of the Latus-enabled sidechain first introduced in the Zendoo whitepaper — A zk-SNARK Verifiable Crosschain Transfer Protocol Enabling Decoupled and Decentralized Sidechain . This reward scheme is an essential element for a fully decentralized system and allows the creation of a balanced mechanism of reward distribution. The scheme also promotes stable system operation and honest participation. The ideas described in the paper can be adopted by other SNARK-based blockchains to incentivize proof creation.
In our previous paper, we introduced Zendoo — a universal construction…
The new program is a “design your own” style program where potential ambassadors, called Zenvangelists, can determine the best fit for them. We want to help each other grow! Anybody can contribute to our ecosystem using their own special skills.
Last year we announced Single Address Staking (SAS) with Alternate Payout Addresses and the new Horizen Stake Verification Tool for Super Nodes. This feature is now available for Secure Nodes!
Single Address Staking allows stake amounts for multiple nodes to be ‘stacked’ in one ZEN address and the node rewards going to a different address. This greatly reduces the stake management required when running multiple nodes.
Benefits of Single Address Staking
stZEN enables the full integration of ZEN, Horizen’s native cryptocurrency, into Ethereum’s ecosystem of decentralized exchanges, crypto lending services, prediction markets, and other DeFi applications. stZEN is a 1:1 representation of ZEN staked with Stakehound, allowing stZEN holders to automatically receive Horizen node rewards without minimum staking requirements or locking periods.
There are multiple ways to get stZEN depending on what cryptocurrency you’re using. …
Horizen and StakeHound recently partnered together to build a new DeFi bridge for ZEN. Through this partnership, a new ERC-20 token called StakeZEN,or stZEN will be issued. By using stZEN, ZEN holders will be able to participate in the Ethereum-based DeFi ecosystem AND earn Horizen node rewards at the same time!
Here are the answers to the most frequently asked questions we received from the community:
What’s the difference between ZEN and stZEN?
ZEN is the native cryptocurrency of the Horizen blockchain. StakedZEN (stZEN) is an ERC20 token issued by StakeHound as a 1-to-1 representation of ZEN staked with StakeHound.
We are excited to announce our partnership with DIA (Decentralised Information Asset), an open-source data and oracle platform. This partnership will extend the functionality of DIA’s oracle capabilities and bring data feeds to Horizen’s sidechains and Zendoo, its decentralized and customizable sidechain protocol.
DIA is an open-source financial data platform incentivizing the sourcing and validation of data and providing data through traditional APIs, as well as oracles. The initial goal of this partnership is to introduce the functionality of these oracles to Zendoo by providing a verifiable bridge between off-chain data from various sources and on-chain smart contracts.