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What Is Frontier (FRONT)?
Frontier is a decentralized finance (DeFi) aggregator that aims to add DeFi support to multiple blockchains, including BandChain (BAND), Ethereum (ETH), Binance Smart Chain (BSC), and Harmony (ONE). Frontier's applications enable users to manage staking, DeFi positions, asset swapping, liquidity mining, and collateralized debt position (CDP) creation and monitoring. In summary, Frontier brings the core functions of DeFi to users regardless of the platforms they use. The project started development in April 2019, and the beta platform was launched in November 2019.
Who Are The Founders of Frontier?
Frontier has a team of at least 15 members spread across the world. The co-founders of the project are Ravindra Kumar, Palash Jain, and Vetrichelvan Jeyapalpandy.
Ravindra Kumar, the CEO of Frontier, is a smart contract and Android developer with over nine years of experience. He has worked on numerous mobile applications, including Care.com, Cleartrip.com, and Fueled.com. Kumar has also served as a chief technology officer (CTO) for Woodstock Fund and InstaDapp.
Palash Jain, the CMO of Frontier, has more than three years of experience in the blockchain space. He has worked with BitMax, Matic, IOST, and Lambda, where he served as a communications manager. Jain holds a bachelor of technology in computer engineering from the Global Academy of Technology.
Vetrichelvan Jeyapalpandy, the CTO of Frontier, has a background in mobile and web development. He has worked as a consultant at Care.com for over seven years and as a front-end engineer for Cleartrip.com. Jeyapalpandy holds a bachelor of technology in chemical engineering from Kongu Engineering College.
What Makes Frontier Unique?
Frontier aims to address the fragmentation within the DeFi sector by aggregating multiple DeFi applications in one location. It solves the challenge of users needing to download multiple wallets by integrating various wallets such as Metamask, FortMatic, Coinbase Wallet, Trust Wallet, and imToken. This integration allows users to participate in DeFi without transferring their cryptoassets between different wallets.
How Many Frontier (FRONT) Coins Are There in Circulation?
The FRONT token is a utility token within the Frontier ecosystem. It was created for small players in DeFi who are disadvantaged by high costs. The total supply of FRONT is capped at 100 million tokens, with distribution as follows:
- Token sale: 32.5%
- Ecosystem: 20%
- Staking rewards: 13.5%
- Reserves: 10%
- Team: 10%
- Community: 8%
- Marketing: 6%
The FRONT token can also be used for voting on the Frontier Chain, providing liquidity to pools, and staking to secure the Frontier Chain network.
How is Frontier Network Secured?
The FRONT token is an ERC-20 token. Frontier has deployed smart contracts that allow token holders to bridge their FRONT ERC-20 tokens to Binance Smart Chain's BEP-20 standard. Frontier released its Frontier Chain Incentivized Testnet, powered by Cosmos SDK, in April 2021.
Where Can You Buy Frontier (FRONT)?
FRONT tokens can be traded on multiple centralized (CEX) and decentralized exchanges (DEX), including Binance, Houbi Global, BYDFi, Gate.io, and Uniswap (V2).
For information on buying Bitcoin and other cryptocurrencies, you can read more here.
Answers
What Is Frontier (FRONT)?
Frontier is a decentralized finance (DeFi) aggregator that supports multiple blockchains including BandChain (BAND), Ethereum (ETH), Binance Smart Chain (BSC), and Harmony (ONE). The project offers applications for managing staking, DeFi positions, asset swapping, liquidity mining, and collateralized debt positions (CDP). Frontier aims to bring the core functions of DeFi to users regardless of the platforms they use. Development started in April 2019, and the beta platform launched in November 2019.
Who Are The Founders of Frontier?
Frontier has a team of at least 15 members spread across the world. The co-founders are Ravindra Kumar, Palash Jain, and Vetrichelvan Jeyapalpandy. Ravindra Kumar, the CEO, is a smart contract and Android developer with over nine years of experience. Palash Jain, the CMO, has more than three years of experience in the blockchain space. Vetrichelvan Jeyapalpandy, the CTO, has a background in mobile and web development.
What Makes Frontier Unique?
Frontier aims to solve the problem of fragmentation in the DeFi sector by aggregating multiple DeFi applications in one location. It integrates various wallets, allowing users to participate in DeFi without transferring their cryptoassets between different wallets.
How Many Frontier (FRONT) Coins Are There in Circulation?
The FRONT token is a utility token within the Frontier ecosystem. The total supply is capped at 100 million tokens, distributed among token sale, ecosystem, staking rewards, reserves, team, community, and marketing. FRONT tokens can be used for voting, providing liquidity to pools, and staking to secure the Frontier Chain network.
How is Frontier Network Secured?
The FRONT token is an ERC-20 token. Frontier has deployed smart contracts that allow token holders to bridge their FRONT ERC-20 tokens to Binance Smart Chains BEP-20 standard. Frontier released its Frontier Chain Incentivized Testnet, powered by Cosmos SDK, in April 2021.
Where Can You Buy Frontier (FRONT)?
FRONT tokens can be traded on multiple centralized (CEX) and decentralized exchanges (DEX) including Binance, Huobi Global, BYDFi, Gate.io, and Uniswap (V2).
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