What Is Frontier (FRONT)?
Frontier is a cryptocurrency and DeFi wallet where users can send, store, and purchase crypto assets and earn passive rewards. Frontier is a cross-chain (across blockchains) DeFi aggregation layer.
Frontier seeks to provide a hassle-free DeFi platform for users. Using the native tokenFRONT, the platform aims to deliver the following:
Gasless Transactions: FRONT aims to reduce the cost of gas for transactions done through the Frontier suite of apps. When users lock FRONT in Frontier Vault, they become eligible for free or discounted transactions.
Frontier Incentivization Protocol: The Frontier app suite allows users to earn FRONT rewards based on how much they engage in the native app.
Liquidity provision: Frontier intends to use FRONT to help decentralized platforms gain liquidity. Users can also supply liquidity to pools using FRONT tokens and earn yields.
Deflation via integration: According to Frontier, part of the proceeds from grant and fee-based B2B integrations must be collected through FRONT. The greater the value FRONT accrues, the more integrations it provides.
Referrals: Frontier is working on a referral system to encourage users to refer their friends to DeFi. Members who have shown a desire to enhance the environment receive FRONT as part of community initiatives.
Frontier is concentrating on addressing the challenges and complexities of employing crypto in DeFi. The tool hopes to improve passive crypto earnings by staking in DeFi apps and exploring web 3.0 from a single location. The following feature sets are included in the new and improved Frontier V2:
Improved user experience for easier onboarding: The new, improved platform seeks to create new wallets, transfer, store, receive, trade, and lend Crypto, DeFi, and NFT assets.
Purchase crypto with credit and debit card: Users may now purchase crypto assets straight with credit cards or bank transfers using the V2.
Multichain staking and lending for passive income: The new Frontier streamlines passive income prospects by allowing users to access, stake, and lend tens of thousands of crypto assets across many blockchains through a single interface.
Multichain DEX trading experience with zero fee commission: Traders can now switch their cryptos for free on DEX and aggregators using the new Frontier.
Connect other mobile wallets and manage from a single interface: Users can link other mobile wallets and watch and track their portfolio on the fly and build or import an existing wallet on the new Frontier.
Send, store, and Track NFTs on the go: NFT enthusiasts can send, store, receive and track NFTs from one spot using Frontier, which supports NFTs on multichain.
History of Frontier (FRONT)
Ravindra Kumar is the CEO and co-founder of Frontier. Ravindra is a smart contract developer Android developer who was previously the CTO of InstaDApp and Woodstock. Vetrichelvan Jeyapalpandy is the CTO and co-founder of Frontier, and Palash Jain is the CMO, Co-founder. The maximum total supply is 100,000,000 FRONT.
