What Is the Frontier and the FRONT Token?
The Frontier Wallet is a mobile platform that enables users to interact with Web3 products and services, including crypto, DeFi, and NFTs. This wallet is compatible with a wide range of tokens, supporting over 4,000 cryptocurrencies for token swaps across 25+ blockchain networks. Frontier Wallet provides users with access to a wide range of digital assets, allowing them to manage their investments and interact with various blockchain-based services.
Basics
For those new to the Web3 space, navigating on mobile devices can be overwhelming. DeFi tools such as staking and lending can be complex and difficult to understand. Users may have questions about terms such as APY and APR, available staking options, and the best rates. Additionally, keeping track of multiple addresses on different platforms can be a daunting task for many.
To simplify the Web3 experience for everyone, Frontier has developed a single application that allows users to manage digital assets, explore DeFi protocols, and interact with popular Web3 applications without requiring extensive knowledge of the space. Frontier supports more than 4,000 cryptocurrencies and works across 25+ blockchain networks, making it a versatile option for crypto enthusiasts.
How Does Frontier Work?
Users of Frontier can maintain full control over their crypto assets and private keys as the platform functions as a non-custodial wallet. Unlike conventional crypto exchanges that store private keys, Frontier does not have custody over user funds.
Native Integrations
Frontier offers seamless integration with various crypto wallets, dApps, and blockchain networks, both EVM and non-EVM compatible, providing a unified user interface for everything Web3 offers. The platform allows for both native and non-native integrations, with native integrations directly integrated within the wallet, while non-native integrations rely on third-party apps or dApp browsers.
Users can easily connect and use their preferred mobile wallets, such as Trust Wallet or MetaMask, on the Frontier platform, eliminating the need to switch between multiple applications depending on their crypto assets and the network they want to explore. On the developer side, dApps and partner protocols can leverage Frontier's broad user base without building a standalone application. This unified approach streamlines the user experience and expands the possibilities for developers.
Blockchain Aggregator
With Frontier, users can interact with assets on different networks without switching applications as it operates as a blockchain aggregator. This eliminates the need to transfer assets to other platforms to explore yield opportunities on different networks.
Frontier supports over 25 blockchain networks, which include Ethereum and BNB Chain, among others. Furthermore, Frontier supports seven non-EVM compatible chains, such as Solana, Tezos, Algorand, Zilliqa, Bluzelle, Elrond, and BNB Beacon Chain.
Apart from network support, Frontier offers a chain-agnostic set of tools for portfolio management and tracking. This includes staking, liquidity provision, monitoring open positions, and entering collateralized debt positions across various networks.
DeFi Smart Notifications
The Frontier app's Smart DeFi Notifications are a crucial feature of its multi-chain core. These notifications keep users informed of their DeFi, NFT, and GameFi positions across all networks. By consolidating all Web3 notifications in one hub, Frontier makes it easier for users to manage their positions and stay up-to-date.
NFTs
Frontier provides users with the ability to store their NFT collections, in addition to cryptocurrencies. Additionally, Frontier's in-app DeFi browser allows users to easily explore popular NFT marketplaces like OpenSea, SuperRare, and Aavegotchi, among others.
Safety
To ensure its users' safety, Frontier prioritizes security measures to mitigate the risk of hacks and malicious attacks prevalent in the DeFi space. To achieve this, Frontier conducts in-depth due diligence on all native projects to ensure their security and auditing reports. Furthermore, to prevent the storage of user private keys, Frontier leverages Trust Wallet's open-source WalletCore cryptographic feature to secure all transactions.
What Is a FRONT Token?
The Frontier ecosystem uses the FRONT utility token, which has a total supply of 100 million. Its main purpose is to encourage users to explore the DeFi space and use the wallet. In the future, the token will also be utilized in an exclusive DAO portal, where holders can vote and discuss new features and project development.
Conclusion
Frontier seeks to consolidate Web3's key services for everyone, irrespective of their platform, and this makes it a practical choice for users who prefer having all the necessary tools, including wallets and DeFi tools, in a single, user-friendly interface. Frontier has millions of active wallets and hundreds of millions in transactional volume across multiple networks.