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Thursday, October 21, 2021

Frontier Defi Coin Review: A Chain-Agnostic DeFi Aggregation Layer

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What Is Frontier Defi Coin

Frontier Defi Coin is a chain-agnostic DeFi aggregation layer. To date, we have added support for DeFi on Ethereum, Binance Chain, BandChain, Kava, and Harmony. Via StaFi Protocol, we will enter into the Polkadot ecosystem, and they will now put vigorous efforts towards Serum.

With the applications, users can participate in protocol tracking and management, staking, best-rate asset swapping, liquidity provision, CDP creation & monitoring, and more. In short, Frontierʼs core mission is to bring the essential pieces of DeFi to users across whichever platforms they prefer.

Frontier Facts

FrontierFacts
Defi Coin NameFrontier
Short Name FRONT
Platform Decentralized Finance
Source CodeClick Here To Visit Source Code
Chat Option Click Here To Visit Chat
CEORavindra Kumar
Official WebsiteClick Here To Visit

More than just a wallet.

Frontier.xyz introduces the concept of wallet composability to DeFi via TxLink, enabling applications like Trust Wallet, Coinbase Wallet, MetaMask, Fortmatic, imToken, or any web3 mobile wallet which supports EIP-681 to interact with all of Frontierʼs native integrations.

Problems

Fragmentation

There exists no product on the market that allows users to track and manage their entire DeFi portfolio from anywhere. Lending, borrowing, staking, asset swapping, and providing liquidity are isolated, painful experiences.

Dependency & Isolation

Non-custodial wallets are great for holding cryptoassets, but strict app guidelines make them unusable when participating in DeFi. Many wallets also willfully attempt to create lock-in—this results in users downloading multiple wallets and creating many addresses to participate in one ecosystem. They must do better.

Poor Design

Frontier Defi Coin Providing collateral for loans, staking, giving liquidity to pools, and token swaps are stressful experiences, not because they are difficult concepts but because they are overly complicated. Friction exists in DeFi right now, and beginners find themselves at odds with DeFiʼs current UX practices.

Solutions

Aggregation

Frontier is at its core, an aggregator. They fix the fragmentation problem by enabling unified Compound, Maker, Synthetix, Aave, InstaDApp, Uniswap, bZx, Balancer, and Curve monitoring and management. As more protocols are added into the ecosystem, Frontier provides support.

Freedom & Choice

To date, they have added integrations with Trust Wallet, Coinbase Wallet, MetaMask, imToken, and Fortmatic. More will come. The users never need to transfer assets into Frontier to participate in DeFi. They send them where they already are while giving them the best that DeFi has to offer.

Building Better

Frontier Defi Coin Building better means crafting great user interactions with DeFi protocols, better experiences entering and exiting liquidity pools and more precise in-app communication about the benefits and risks of products. The current Beta app is close. The Version 2 relaunch will be much closer. The end goal is to remove all DeFi doubt through better design.

Compound Finance Team

Ravindra Kumar

Ceo

Ravindra, formerly the CTO of InstaDApp and Woodstock, is a smart contract developer, Android developer, and computing polyglot.

Vetrichelvan Jeyapalpandy

CTO, Co-founder

Vetrichelvan has 13 years of experience in software development and has an interest in exploring and learning new technologies.

Palash Jain

CMO, Co-founder

Palash oversees all aspects of Frontierʼs marketing, community, PR, and brand awareness.

How Many Frontier (FRONT) Coins Are There in Circulation?

The FRONT tokens have a fixed maximum supply. This is set at precisely 100,000,000 FRONT Tokens, and will never increase beyond this point. At the time of writing, the current circulation supply is 15,650,000 FRONT. Of the total supply, 32.5% were distributed to investors, 8% to the community, 13.5% to Staking rewards, 20% to the Ecosystem, 10% to Marketing, 10% to Reserves, and 10% to the Team.

Where Can You Buy Frontier (FRONT) Tokens?

FRONT tokens are highly liquid and can be purchased or traded on both Decentralised and Centralised exchange platforms, including several top 10 exchanges — such as Binance, Huobi, OKEx, Uniswap, and Balancer. Some of the most popular trading pairs include FRONT/USDT, FRONT/BTC and FRONT/ETH.

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