The Horizon Protocol (HZN) is a decentralized platform for creating and trading synthetic assets on the blockchain. The native token, HZN, serves as collateral for these synthetic assets and derivatives. Users can stake their HZN tokens in a community-based liquidity pool, which incentivizes them with additional HZN rewards from the protocol's inflation policy and 0.3% exchange fees per transaction. This staked HZN is used as collateral to mint synthetic assets, such as zUSD, which is pegged to the US dollar. The protocol maintains a collateralization ratio of 750% to protect investors from market volatility and avoid liquidation penalties. The Horizon platform also allows users to trade these synthetic assets without slippage, ensuring that orders are executed at the desired price. Additionally, HZN holders can participate in network governance by voting on protocol parameters and improvement proposals.

To store Horizon Protocol (HZN) tokens, you can use a variety of cryptocurrency wallets that support the token. Here are some options:

1. Atomic Wallet: Atomic Wallet is a trusted and user-friendly option that supports over 1000 coins and tokens, including HZN. It offers a desktop and mobile app, ensuring private and secure management of your funds without requiring registration or KYC.

2. Trust Wallet: Trust Wallet is another reliable option that supports HZN. You can download the wallet via Google Chrome extension or mobile app and set it up to store your HZN tokens. This wallet is part of the BNB Chain network and is compatible with decentralized exchanges like Pancake Swap.

3. Bitrue Wallet: Bitrue also offers a wallet that supports HZN. Once you purchase HZN, it will be stored in your crypto wallet.

These wallets provide a secure and convenient way to manage your HZN tokens. Always ensure you follow the wallet's setup and security guidelines to protect your assets.

To buy Horizon Protocol (HZN) tokens, you can follow these steps:

1. Choose a Reliable CEX: Select a trustworthy centralized exchange that supports Horizon Protocol (HZN) purchases. Consider factors such as ease of use, fee structure, and supported payment methods.

2. Create an Account: Register on the exchange's website or app, providing the required information and setting a secure password. Enable two-factor authentication for added security.

3. Verify Your Identity: Complete the Know-Your-Customer (KYC) verification process, which may vary depending on your nationality and region.

4. Add a Payment Method: Follow the exchange's instructions to add a credit/debit card, bank account, or other supported payment methods.

5. Buy Horizon Protocol (HZN): Use fiat currency to purchase a popular cryptocurrency like USDT or BNB, and then exchange it for Horizon Protocol (HZN) on the exchange.

1. Choose a Wallet: Select a reliable crypto wallet that supports the blockchain where Horizon Protocol (HZN) is listed.

2. Download and Set Up the Wallet: Download the wallet app or browser extension and create a new wallet address or import an existing one. Keep your seed phrase secure.

3. Buy a Base Currency: Purchase a cryptocurrency like BNB or ETH using fiat, depending on the blockchain where Horizon Protocol (HZN) is listed.

4. Transfer to Your Wallet: Transfer the base currency to your wallet.

5. Connect to the DEX: Connect your wallet to a DEX that supports Horizon Protocol (HZN), such as PancakeSwap.

6. Swap for Horizon Protocol (HZN): Trade your base currency for Horizon Protocol (HZN) on the DEX.

• Be cautious of fees and ensure you understand the risks associated with investing in cryptocurrencies.
• Always use official sources and be wary of scams.
• Keep your seed phrase and wallet address secure.
• Consult local authorities for tax information.

By following these steps, you can successfully buy Horizon Protocol (HZN) tokens on either a centralized or decentralized exchange.