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About Frontier
Key Points
- Frontier is a chain-agnostic DeFi aggregator.
- Supports multiple blockchains: BandChain (BAND), Ethereum (ETH), Binance Smart Chain (BSC), and Harmony (ONE).
- Applications: staking, DeFi positions, asset swapping, liquidity mining, and CDP creation/monitoring.
- Founded in April 2019, beta launched in November 2019.
Founders
- Ravindra Kumar (CEO): smart contract and Android developer, 9+ years of experience.
- Palash Jain (CMO): 3+ years of blockchain experience,
About Frontier: Pioneering the Future of Decentralized Finance
Introducing Frontier (FRONT): A Pioneering Force in the Cryptosphere
Frontier is a pioneering, chain-agnostic decentralized finance (DeFi) aggregator, poised to revolutionize the landscape by integrating DeFi capabilities across a multitude of blockchains, including BandChain (BAND), Ethereum (ETH), Binance Smart Chain (BSC), and Harmony (ONE).
Frontier’s applications empower users to seamlessly manage a diverse range of activities, including staking, DeFi positions, optimal asset swapping, liquidity mining, and the creation and monitoring of collateralized debt positions (CDPs).
In essence, Frontier is democratizing access to decentralized finance (DeFi) by seamlessly integrating its core functionalities across diverse platforms.
Frontier’s development journey commenced in April 2019, culminating in the successful launch of its beta platform in November of the same year.
The Visionaries Behind Frontier: Meet the Founders
Frontier boasts a diverse team of at least 15 members, strategically dispersed across the globe. The project’s co-founders, comprising Ravindra Kumar, Palash Jain, and Vetrichelvan Jeyapalpandy, form the core leadership triumvirate.
Kumar, a seasoned technology expert, currently serves as the CEO of Frontier and provides technical guidance at THORChain. With a strong background in smart contract and Android development, he boasts an impressive nine-year track record. His extensive portfolio comprises over 50 mobile applications, including notable projects such as Care.com, Cleartrip.com, and Fueled.com. Notably, Kumar has also held the position of Chief Technology Officer (CTO) at Woodstock Fund and InstaDapp, a decentralized banking infrastructure that provides seamless support for DeFi protocols.
Palash Jain, a seasoned blockchain expert with over three years of industry experience, currently serves as the Chief Marketing Officer at Frontier. His impressive professional portfolio includes stints at esteemed organizations such as BitMax, Matic, IOST, and Lambda, where he excelled as a communications manager. Jain holds a Bachelor of Technology in Computer Engineering from the prestigious Global Academy of Technology.
Vetrichelvan Jeyapalpandy, Frontier’s esteemed CTO, boasts an impressive background in mobile and web development. Notably, he served as a consultant at Care.com for over seven years, and prior to that, he worked as a skilled front-end engineer for Cleartrip.com. He holds a Bachelor of Technology in Chemical Engineering from the prestigious Kongu Engineering College.
Unveiling the Unparalleled Features of Frontier
Frontier seeks to address the pressing issue of fragmentation that pervades the DeFi sector. A significant siloing effect exists, wherein swapping, borrowing, lending, staking, and liquidity provision operate in isolation. By consolidating multiple DeFi applications under one roof, Frontier endeavours to overcome this challenge.
Frontier asserts that non-custodial wallets, while ideal for storing cryptoassets, are largely impractical for DeFi applications, necessitating the cumbersome process of downloading multiple wallets to engage with a single ecosystem. By seamlessly integrating prominent wallets such as Metamask, FortMatic, Coinbase Wallet, Trust Wallet, and imToken, Frontier eliminates the need for users to transfer their cryptoassets between different wallets, thereby facilitating effortless participation in DeFi.
What Is the Circulating Supply of Frontier (FRONT) Coins?
The FRONT token is a utility token integral to the Frontier ecosystem, specifically designed to empower small players in the decentralized finance (DeFi) space, who are often hindered by exorbitant costs.
The total supply of FRONT is capped at 100 million tokens, with a carefully crafted distribution strategy as follows:
- Token sale allocation: 32.5%
- Ecosystem development: 20%
- Staking incentives: 13.5%
- Strategic reserves: 10%
- Core team allocation: 10%
- Community engagement: 8%
- Marketing and promotions: 6%
The FRONT token also serves as a multifaceted utility, enabling its holders to:
- Decentralized governance is facilitated through voting on the Frontier Chain, where FRONT token holders exercise their decision-making authority.
- By providing liquidity to pools, users can generate a passive income stream. Furthermore, FRONT tokens will be instrumental in bootstrapping liquidity for multiple DeFi protocols.
- The Frontier Chain network is secured through staking, which can be achieved by either operating a validator node or delegating FRONT tokens to trusted validators.
Ensuring Unwavering Security: The Frontier Network’s Fortified Foundation
The FRONT token, an ERC-20 token, has been empowered by Frontier’s deployment of smart contracts, enabling seamless bridging of FRONT ERC-20 tokens to the BEP-20 standard on Binance Smart Chain. Notably, Frontier launched its Cosmos SDK-powered Frontier Chain Incentivized Testnet in April 2021.
Where to Acquire Frontier (FRONT) Tokens
FRONT tokens can be traded on multiple centralized exchanges (CEX), which operate in a centralized manner, as well as decentralized exchanges (DEX), including:
- Binance
- Huobi Global
- KuCoin
- Gate.io
- Uniswap (V2)
Discover the ins and outs of acquiring Bitcoin and other digital currencies by reading more here.