Frontier (FRONT) news

What is Frontier (FRONT)?

Frontier is a platform that provides DeFi support to different blockchains, such as BandChain (BAND), Ethereum (ETH), Binance Smart Chain (BSC), and Harmony (ONE). Its applications enable users to manage DeFi positions, staking, liquidity mining, collateralized debt position (CDP) creation and monitoring, and best-rate asset swapping. In essence, Frontier is making DeFi accessible to users across various platforms. The project's development started in April 2019, and the beta platform was released in November 2019.

Who are The Founders of Frontier?

Frontier is led by a team of experienced professionals with diverse backgrounds. The project's co-founders include Ravindra Kumar, Palash Jain, and Vetrichelvan Jeyapalpandy. Kumar is an accomplished tech advisor at THORChain with expertise in smart contract and Android development. Jain has over three years of experience in the blockchain industry and has worked with several other notable projects. Jeyapalpandy is a skilled developer with a background in both mobile and web development. Together, the team is making DeFi accessible to users across various platforms through their innovative applications.

What makes Frontier Unique?

As an innovative DeFi project, Frontier's mission is to tackle the issue of fragmentation that exists within the sector. There is a significant lack of integration when it comes to swapping, borrowing, lending, staking, and providing liquidity. To solve this challenge, Frontier aggregates several DeFi applications in one location.

Frontier recognizes that non-custodial wallets are great for storing crypto assets, but they are not ideal for DeFi participation. This creates the need for users to download multiple wallets to engage in a single ecosystem. To address this issue, Frontier integrates several wallets, including Metamask, FortMatic, Coinbase Wallet, Trust Wallet, and imToken, enabling users to participate in DeFi without having to transfer their crypto assets between different wallets.

How is Frontier Network Secured?

FRONT is an ERC-20 token that can be bridged to Binance Smart Chain's BEP-20 standard through Frontier's smart contracts. In April 2021, Frontier launched its Frontier Chain Incentivized Testnet, which is based on the Cosmos SDK.