- Horizen companions with Auros for $ZEN liquidity forward of launch of EVM EON-enabled platform
- Auros is a number one algorithmic buying and selling and market making platform.
- The partnership goals to enhance the liquidity of the $ZEN token on the CEX and DEX platforms.
Horizen, a number one public layer-0 blockchain, introduced a partnership with Auros, a world algorithmic buying and selling and market-making firm.
Eyes of Horizen elevated the liquidity of $ZEN
In line with a press launch shared with CoinJournal on Tuesday, the strategic partnership goals to extend entry to $ZEN, the native token of Horizen.
This comes forward of the launch of EON, a brand new EVM-enabled good contract community developed by the Horizen staff, the platform famous within the announcement.
Auros is likely one of the main gamers out there, with transactions of greater than a billion {dollars} per day. It’s built-in in a number of locations and its algorithmic and excessive frequency heritage will underpin this partnership.
“We’re delighted to associate with Auros, a market chief in algorithmic buying and selling and market making companies. Their experience in tailored liquidity options will undoubtedly enrich the EON ecosystemstated Rob Viglione, co-founder of Horizen.
In line with Horizen, the partnership with Auros will present elevated liquidity for the $ZEN token on centralized and decentralized exchanges. Folks can simply purchase $ZEN, which can enhance alternatives for merchants, DeFi customers, and builders to take part within the EON ecosystem.
This could assist unlock not solely liquidity, but additionally utility and innovation inside the good contract platform ecosystem. It is going to additionally drive total progress within the digital asset house, Ben Roth, chief data officer and co-founder of Auros stated in a press release.
“By bringing our proprietary know-how and buying and selling methods to Horizen’s EON, we’re proud to increase the supply of liquidity on each the platform and the $ZEN token, offering extra worth to all its customers. .“Roth stated.
“Past offering liquidity, this partnership additionally represents an essential step and new hope for the decentralized ecosystem as we work collectively in direction of a extra resilient future for digital property..”
Horizen EON is dwell on the Gobi testnet.
