Frontier is a chain-independent DeFi aggregation layer. So far, Frontier has added support for Ethereum, Binance Smart Chain, BandChain, Kava, Harmony's DeFi. With the StaFi agreement, Frontier will enter the Boca ecosystem. With Frontier's application, users can participate in protocol tracking and management, pledge, asset exchange, liquidity provision, CDP creation and monitoring, and more.
FRONT is Frontier's native function token and has the following use cases:
Governance vote: Token holders can vote on platform governance decisions and parameter changes. Liquidity provision: FRONT tokens can be used to channel liquidity across a variety of decentralized financial protocols and platforms.
Network consensus: Users will be able to run validation nodes by mortgating FRONT tokens, or delegate FRONT to existing validation nodes on Frontier Chain.
Frontier has built a wallet application. The application brings composability to decentralized finance via TxLink, enabling services such as Trust Wallet, Coinbase Wallet, MetaMask, Fortmatic, Applications like imToken or any Web3 mobile wallet that supports IP-681 can interact with all of Frontier's native features.
Frontier is a chain-agnostic decentralized finance (DeFi) aggregator. The project aims to add DeFi support to multiple blockchains, including BandChain (BAND), Ethereum (ETH), Binance Smart Chain (BSC), and Harmony (ONE).
Frontier's application allows users to manage horse enclosure, DEFI location, best rate asset exchange, liquidity mining and collateralized debt location (CDP) creation and monitoring. In short, Frontier brings DeFi's core capabilities to users no matter what platform they use.
Development of Frontier began in April 2019 and the test platform was launched in November 2019.
In August 2020, Frontier announced that it had raised $1.85 million in seed funding from a variety of investors, including Alameda Research, CoinGecko, FTX, NGC Ventures, and others. The INITIAL coin offering of Frontier's native cryptocurrency FRONT took place in September 2020.
Frontier's team has at least 15 members and is spread around the world. The co-founders of the project are Ravindra Kumar, Palash Jain and Vetrichelvan Jeyapalpandy.
Kumar is CEO of Frontier and technology advisor to THORChain. He is a smart contract and Android developer with over 9 years of experience. He has developed more than 50 mobile apps, including Care.com, Cleartrip.com and Fueled.com. Kumar has also served as chief Technology Officer (CTO) at Woodstock Fund and InstaDapp, a decentralized banking infrastructure that supports DeFi protocols.
Palash Jain is CMO of Frontier and has over three years of experience in the blockchain field. He has worked with BitMax, Matic, IOST and Lambda as a communications manager. He holds a Bachelor of Technology degree in Computer Engineering from Global Institute of Technology.
Frontier's CTO Vetrichelvan Jeyapalpandy has a proven track record in mobile and Web development. He worked as a consultant at Care.com for more than seven years and as a front end engineer at Cleartrip.com. He holds a Bachelor of Technology degree in chemical Engineering from Kongu College of Engineering.
Frontier aims to address fragmentation in the DeFi space. There is marked isolation in exchange, lending, collateral and provision of liquidity. Frontier aims to address this challenge by aggregating multiple DeFi applications in one location.
Frontier claims that unmanaged wallets are best for storing crypto assets, but are not available on DeFi. This forces users to download multiple wallets to try to participate in a single ecosystem. Frontier integrates multiple wallets such as Metamask, FortMatic, Coinbase Wallet, Trust Wallet and imToken. Its users do not have to transfer their crypto assets between wallets to participate in DeFi.
FRONT tokens are utility tokens in the Frontier ecosystem. It is intended for small players in DeFi who are disadvantaged by the high cost.
The total supply of
FRONT is capped at 100 million tokens.
FRONT tokens can also be used for:
- votes on the frontier chain. FRONT token holders make decisions within a decentralized governance framework.
< LI > provides liquidity for the ore pool. This allows users to earn passive income. FRONT tokens will channel liquidity across multiple DeFi protocols.
- Staking as a way to protect the Frontier Chain network. The user will do this either by running the validator node or by delegating his FRONT token to the validator.
FRONT tokens are ERC-20 tokens. Frontier has deployed smart contracts that allow token holders to connect their FRONT ERC-20 tokens to the BEP-20 standard of the Binance Smart Chain. Frontier released the Frontier Chain Incentivized Testnet supported by the Cosmos SDK in April 2021.
FRONT tokens can be traded on multiple centralized (CEX %20are% 20A, IT %20in% 20A % 20Centralized % 20MANNER.) and decentralized exchanges (DEX), including:
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- Back wall global
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- Uniswap (V2)