Elevating DeFi: Ascent Exchange’s Launch on Horizen Eon

Ascent Exchange
4 min readOct 24, 2023

Elevating DeFi: Ascent Exchange’s Launch on Horizen Eon

Ascent Exchange is migrating from Polygon to Horizen EON! This isn’t just a switch from one platform to another; it’s a carefully considered decision that aligns with our long-term goals. Horizen EON offers features that will help us improve the trading experience for our users and create a more secure and efficient environment. This move sets the stage for new features and improvements that we’ll be rolling out in the near future.

Quick Links:
Link3: https://link3.to/ascen t
Website: https://ascent.exchange/
Telegram: https://t.me/ascentexchange
Discord: https://discord.gg/ascentdex
Documentation: https://docs.ascent.exchange/

Why Horizen EON?

EON stands out as the beacon of innovation we’ve been searching for, fully EVM-compatible, and designed with unmatched scalability at its core. This is a platform that opens doors to Horizen’s fast-growing ecosystem, enriched with features like Cross-Chain Transfer Protocol (CCTP) and the power of zkSNARKs for permissionless cross-chain communications. The robustness of Horizen, powering EON with the largest node network, ensures a decentralized, secure, and reliable environment.

Learn more about Horizen EON

First Mover Advantage

Launching as the first decentralized exchange with ve(3,3) tokenomics on Horizen EON gives Ascent Exchange a unique advantage. This early entry allows us to set the standard for trading on this new platform, offering us the opportunity to shape user expectations and build a strong brand presence from the outset. It also positions us to attract a significant portion of the trading volume, as new users and projects flock to Horizen EON. This early market share can create a positive feedback loop, attracting even more users and liquidity providers to Ascent Exchange. Moreover, the support and attention we’re receiving from key opinion leaders and the Horizen community at large are invaluable, promising immediate traction and a strong start on this new platform.

Deep Liquidity- Wave GP’s Vote of Confidence

We are also thrilled to announce our collaboration with Wave GP, Horizen EON’s dedicated liquidity provider. Wave GP is allocating their maximum per project allocation to Ascent Exchange. This will ensure that the highest traded & most popular liquidity gauges on Ascent Exchange will have deep and stable liquidity.

The Strategic Shift to Horizen Eon:

This transition to Horizen Eon brought a rebrand of Ascents Design. Our colors, logo, and design styles have been revamped to reflect Ascent’s new home chain. Out with Pink and in with Robust Bright Green! The Ascent Twitter, Telegram, Discord, Docs, and Home Page have all been refreshed with the new design!

How to Set Up Your Horizen EON Wallet

How to add Horizen EON to Metamask

  1. Open the Metamask browser or mobile wallet
  2. Click on Settings and then Networks
  3. Click “Add Network”
  4. Add a Network Manually

Network name: Horizen EON
New RPC URL:
https://eon-rpc.horizenlabs.io/ethv1
Chain ID: 7332
Currency symbol: ZEN
Block Explorer:
https://eon-explorer.horizenlabs.io/

ZEN Gas Token

The native gas token, or the token used to pay network and transaction fees is $ZEN. ZEN can be purchased from most major exchanges, including LBank where ZEN can be withdrawn via the EON chain. ZEN can be transferred from ZEN to Horizen EON using their transfer page.

Transfer ZEN to EON

What’s coming up with Ascent Exchange

  • Trading and liquidity open at https://ascent.exchange/
  • AEX Tokensale Announcement
  • AEX Tokensale Live
  • Epoch 0 campaign
  • Epoch 1 live with AEX Emissions

Launch on EON with Ascent

Any protocols, projects, and developers looking to expand or launch their project on EON, reach out to the team on Discord!

Founding Liquidity members on Ascent Exchange qualify for liquidity incentives, veAEX allocations to supercharge voting, and community airdrops to immediately ensure your community can vote for your token!

Create a support ticket today

What is Ascent Exchange?

Ascent Exchange is a next-gen liquidity layer on Horizen Eon, transitioning from its initial steps on the Polygon network to a strategic alignment with Horizen Eon. At our core, we are driven by a community-centric approach, unyielding commitment to decentralization, and innovation-driven development. These foundational principles underscore our journey towards excellence in decentralized finance.

What is Horizen Eon?

EON stands as a beacon of innovation within the blockchain space. It is a fully EVM-compatible sidechain and smart contract platform, engineered for massive scalability. EON facilitates swift access to Horizen’s burgeoning ecosystem, with features like the Cross-Chain Transfer Protocol (CCTP) and zkSNARKs enabled permissionless cross-chain communications. Horizen itself, the powerhouse behind EON, guarantees a secure, reliable, and robust environment with a vast node network for decentralization, zero downtime, and enhanced security measures against 51% attacks.

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