Frontier (FRONT): Managing Your Crypto Assets Safely and Seamlessly

The DeFi space has experienced exponential growth through the years, and the opportunities are limitless with web3 applications, crypto platforms, NFT marketplaces and tons of trading information to explore.

However, the fragmentation of the DeFi space can take a toll on users as they switch across different platforms to track and manage their assets. For this reason, crypto enthusiasts are increasingly looking for tools to simplify portfolio management without compromising security.

Frontier is here to provide a cutting-edge solution, aiming to provide a streamlined experience for anyone looking to access and use DeFi services. This means you don’t have to switch to multiple accounts and sift through different networks to keep tabs on your portfolio. 

Key Takeaways:

• Frontier aims to provide a user-friendly and simplistic approach to web3 by creating an all-in-one platform for all your DeFi and NFT needs. 

• As a multi-chain, noncustodial crypto wallet, Frontier is compatible with over 65 blockchains, allowing you to access a wide range of trading and earning opportunities.

• Security is at the heart of Frontier's operations with advanced mechanisms, such as fraud detection and prevention features.

What Is Frontier Crypto?

Frontier is a chain-agnostic DeFi and NFT web3 wallet that allows users to securely purchase, send and store digital assets.

As a multi-chain crypto wallet, the platform supports over 65 blockchains and more than 100 DApps across the web3 spectrum. It aspires to create a streamlined service for users to safely track and manage their investments in a single view. 

Frontier prioritizes security with a digital wallet comprising a mobile app for iOS and Android devices. A browser extension is also available for Chrome and Brave.

Frontier supports many blockchain networks, including Polygon, Kava, Harmony and Ethereum, allowing users to connect to multiple exchanges and wallets. Furthermore, users can access a variety of DeFi protocols like Yearn Finance, SushiSwap and OpenSea to trade and swap assets. They can also stake to earn rewards and participate in liquidity pools to earn yields.

Finally, Frontier also supports top wallets like MetaMask, Argent, Trust Wallet, Rainbow and imToken. Users can connect to their preferred wallet using Frontier’s WalletConnect feature to enjoy various services like swapping and staking. 

As you can see, Frontier is the one crypto wallet that eliminates the need to switch between browser extensions and manage a long list of seed phrases. Users can enjoy a simplified multi-chain experience at the click of a button.

How Does Frontier Work?

Frontier is a chain-agnostic platform that provides access to over 4,000 crypto assets across multiple chains. It natively integrates with EVM and non-EVM blockchain networks and DApps, giving users a central interface to interact with various web3 products.

Frontier operates as a noncustodial wallet, which means only you have complete control over your private keys and funds. It’s also compatible with hardware wallets like Ledger and Trezor to further enhance asset security.

Users can interact and store their crypto, as well as DeFi and NFT assets, in the Frontier Wallet. Additionally, users can earn passive income by staking or lending assets on the app.

The Frontier ecosystem consists of the following:

• Multi-Chain Wallet — The Frontier Wallet is the core of the ecosystem, enabling users to safely and conveniently manage all their digital assets in one place.

• Decentralized Exchanges — Frontier integrates multiple decentralized exchanges (DEXs) like KyberSwap and DODO, allowing users to trade and swap across different chains and protocols.

• Lending and Borrowing Platforms — In collaboration with top lending and borrowing platforms like Compound and Aave, users can earn interest on their assets and borrow investment funds.

• Tracking Tools — Frontier also offers the Frontier Bundle, a wallet that places all your assets in a single portfolio so you can track your assets and positions to make better trading and investment decisions.

• Service Providers — The ecosystem also includes other service providers, such as blockchain consultants and security auditors, to support the growth and development of the DeFi space.

Frontier Key Features

Frontier’s platform includes the following key features.

Trade Section

The Trade section offers users a platform to safely execute trades and swaps using the following key features.

Swap

Users can access a large token selection from over eight DEXs and aggregators to get the best swapping rates. If you can't find your token in the list, you can paste the smart contract address of the token to complete a swap. The team assures users that DApps won’t access your data without consent.

Cross-Chain Bridge 

Frontier has integrated over six trusted bridge providers to help users easily bridge assets across multiple chains, all under one wallet.

Buy Crypto

Users can choose from several leading crypto on-ramp payment platforms like MoonPay, Coinbase and Onmeta to buy crypto. Frontier’s on-ramp services support over 30 fiat currencies in more than 160 countries.

Earn Section

Every investor wants to make a profit. Frontier users can choose from the following features to make good returns.

Stake

Frontier aggregates the best staking opportunities from verified validators across multiple chains for the highest returns. Your staked assets can be withdrawn anytime.

Liquidity Pools

Users have access to Uniswap and SushiSwap liquidity pools, with some of the best APYs and ROI in the market, and can also withdraw their assets at any time. 

Yield Farming

Through its native integration with DApps, Frontier curates the best opportunities from over 23 chains and ecosystems to give its users maximum rewards, and allows you to track all investments in your Frontier Wallet.

Lending

Facilitated by lending platforms like Aave, Frontier users can safely lend crypto to borrowers on the platform and earn passive income.

Is Frontier Crypto Safe?

The Frontier team understands that trust is critical in the DeFi world. For an online wallet that encourages users to connect all their crypto, NFTs and DeFi services in one place, the biggest concern would be whether its security measures warrant your trust. 

With this in mind, the Frontier team aims to provide the security its users deserve. Here are the advanced security measures Frontier relies on to keep its users’ operations safe.

Built on WalletCore

The Frontier Wallet is built on WalletCore, an open-source, cross-platform library that implements low-level cryptographic functionality. It supports over 100 high-ranking blockchains, including Ethereum, Polygon, Arbitrum, Solana and Fantom. 

Noncustodial

Your keys, your crypto. Frontier provides stringent security on your device but never accesses your private keys. Since cold storage and noncustodial safety go hand in hand, you can store your keys offline with Ledger or Trezor and connect with the Frontier Wallet to interact with DApps online.

Fraud Detection

The platform’s fraud detection engine scans every transaction to protect your funds and NFTs from malicious scams and fraud.

Independent Security Audit

Frontier’s platform is tested by independent security experts that are trusted and respected in the industry.

These security and fraud detection/prevention measures are set in place to eliminate exposure and give you a secure wallet to enjoy a safe crypto experience.

What Is the FRONT Crypto Token?

FRONT is the native token of the Frontier ecosystem. It’s released in two standards, ERC-20 and BEP-20. You can use the token to explore DeFi protocols and acquire NFTs. 

FRONT tokens can also be used to:

• Provide liquidity to DEXs and liquidity pools

• Subsidize gas fees

• Earn rewards

• Incentivize referrals 

• Drive community campaigns

Tokenomics 

Frontier launched a fixed total supply of 100 million tokens, which was intended to create a degree of scarcity and prevent inflation over time. The FRONT token supply is allocated as shown below:

Source: Frontier

Distribution of the FRONT token is as follows:

• 10% — Team

• 10% — Reserves

• 6% — Marketing

• 8% — Community

• 13.5% — Staking rewards

• 20% — Ecosystem

• 32.5% — Investors 

To mark FRONT’s first anniversary, Frontier burned the team’s 10% supply in September 2021, effectively reducing the total supply to 90 million. Burning the crypto was meant to boost marketing, ecosystem and growth. 

Frontier Crypto Price Prediction 

As of Sep 29, 2023, the price of FRONT was $0.39, a 94.09% drop from its all-time high of $6.71 on Feb 17, 2021 and a 215.95% increase from its all-time low of $0.125 on Jun 15, 2023. 

Price forecasting experts are fairly bullish on FRONT’s future price. According to PricePrediction’s forecast for FRONT for 2025, the token is expected to hit a price of $0.45 in 2025 and increase to $2.81 in 2030. 

Another price prediction platform, DigitalCoinPrice, is relatively more bullish on FRONT and anticipates that it will hit $1.32 in 2025 and rise to $3.82 by 2030. 

Is Frontier Crypto a Good Investment?

Frontier’s secure and reliable DeFi wallet provides a seamless crypto experience for novices and pros alike. The team is known for its innovations and frequent updates, showing their determination to keep the wallet competitive in the market.

Take the Frontier Bundle launch, for instance. It empowers users to manage all their assets in a single portfolio and view their net worth in their preferred currency. The team also launched a Frontier Bundle referral program to reward beta users who helped during the beta phase and referred the most friends and family.

Frontier also continuously strives to create robust alliances with diverse partners to solidify its presence in the DeFi space. For instance, its partnership with Rootstock blockchain, a virtual machine for Bitcoin, opens up opportunities for DeFi on the Bitcoin blockchain. 

Frontier also partnered with Silence Laboratories in May 2023 to further enhance their wallet security and scalability with multi-party computation (MPC) technology, enabling users to make transactions without needing to depend on a single private key. In June 2023, Frontier acquired Hot Cross to assist in building Frontier’s Layer 1 blockchain based on the Cosmos SDK. 

Road Map 

Frontier’s road map is ambitious and exciting, as it looks to simplify the onboarding and adoption of web3 technology. 

Some of the key things it aims at achieving in 2023 include:

• Launching a Frontier Cosmos-backed blockchain with FRONT as its native token

• Making the wallet more secure by implementing a decentralized MPC storage module

• Enabling third parties to build their wallets on the Frontier infrastructure

• Launching a keyless hardware wallet to reduce users' risk of losing their keys and crypto assets

Frontier has demonstrated its determination and potential to build a wallet that simplifies crypto management. Therefore, Frontier may be a good investment as all projections reaffirm its growth potential through its strategic partnerships with key industry players and its innovative V2 app features. As with any investment, however, and general crypto market volatility, consider the risks before investing in Frontier.

Where to Buy Frontier Crypto Token (FRONT)

You can buy FRONT as a USDT Perpetual contract (FRONTUSDT) on Bybit with a few clicks. Bybit offers you real-time analytics, unmatched transaction security and triple-layer asset protection.

Closing Thoughts

Navigating the web3 space can be intimidating, especially for newbies. There are dozens of marketplaces, products, data and wallets to consider. Once users invest in their preferred coins or NFTs, they have to track their assets on different addresses across various platforms while managing a long list of seed phrases to keep their accounts safe. 

Frontier aims to cut out the tedious work by unifying different blockchain networks on a single user-friendly interface. For users who need to perform portfolio tracking in a single view, this life-saving technology couldn’t have come sooner. 

As the crypto space moves toward easier access for DeFi services, Frontier hopes to become the industry-leading multi-chain, self-custody wallet that works for everyone. It’s bound to thrive as it opens up crypto and NFT possibilities for both users and partners with its Frontier Wallet.

#Bybit #TheCryptoArk