Frontier: when the wallet encountered aggregator | project introduced

At present, many people have little knowledge about traditional finance. Since the long history has been flowing, most of the trade has been conducted through real money. Therefore, it is very difficult for the public to know, understand and trust the new financial form of "decentralized finance" and the intangible digital currency.

As the world economy recovers from the 2008 financial crisis and global wealth reaches $360 trillion in 2019, according to Credit Suisse, central Banks and real money are gaining more influence in People's Daily lives. FinDex according to world bank statistics, however, there are no bank account still population billions of people in the world, among them, remove due to poverty or lack of infrastructure and the one who don't have access to banking services, there is a big part of people have the ability to accept bank service, but due to a lack of confidence and trust in the central agencies and don't want to accept bank service. This is particularly common in volatile developing countries. DeFi, cryptocurrency and blockchain were created to solve this problem. Users do not have to "trust" any institution, because each of them is their own "bank".

In the blockchain space, the development of cryptocurrency wallet has been at the forefront of the development of DeFi. Thanks to the open source nature of blockchain, more and more wallet products are emerging, becoming more sophisticated and secure, while exposing new problems and fixing them.

Frontier wallet is a new and different wallet product, which integrates the concept of "convergence" into the wallet product. It tracks the assets of many DeFi protocols and smart contracts within the applications supported by Frontier Wallet. Instead of storing users' private keys in the app, the Frontier wallet interacts with third-party wallets such as MetaMask Mobile, Trust Wallet, ImToken, and many others to sign transactions.

Frontier purse to summary all information within the application, in the wallet and play the role of the middleman between DApp, is also for this reason, Frontier wallet is potential in the field of rapid development of chain blocks exist for a long time, because every time a better wallet products, DApp and agreement, the birth of Frontier wallet can integrate it, to glow the new vitality. Users do not need to change their wallets or use many applications to follow the various DeFi protocols.

In addition, Frontier wallet brings together decentralized trading platforms to find the best price and liquidity for the platform, allowing users to exchange cryptocurrency themselves on the home page, which not only saves time for end users, but also eliminates security risks associated with centralized trading platforms.

The FRONT tokens,

Frontier has also launched its native token FRONT to encourage small asset players to participate in DeFi at a lower cost, FRONT will also provide security protection and governance for the Frontier Chain.

The specific USES of FRONT token are as follows:

(1) Pledge: Frontier Chain is a decentralized key management block Chain. Users can participate in network security protection by running the verifier node or by pledging the FRONT to the verifier.
(2) Transaction without Gas fee: By locking the FRONT warehouse in the vault, users can conduct free or nearly free chain transactions on the applications supported by Frontier;
(3) Incentive: FRONT token incentive according to the number of app activities executed by users in this season;
(4) Liquidity initialization: the user can get the liquidity mining reward by putting FRONT in DEX;
(5) Governance: FRONT can be used to create the governance token gFRONT, and then use the governance token to conduct community governance on the platform;
(6) ACQUISITION and creation of NFT: Content creators or organizations can use FRONT as payment tool for NFT distribution, transaction and destruction;
(7) Recommendation plan: Recommend more users to enter DeFi field by Frontier, and they can get token reward; The community will also distribute FRONT to members who have a strong desire to help improve the Frontier ecosystem.
(8) Deflation model: In B2B integrated business, FRONT will be used for payment;
(9) Others: more are planned, such as access to CeFi business discount, mortgage lending, gamification attempt, Unifront API access and unlocking, etc.

Frontier will issue a total of 100 million FRONT tokens, all of which will be 100% in circulation after 38 months. The specific information is as follows:

Total: 100 million pieces
Initial liquidity after launch: 11.35%
Public offerings and early backers: $0.08, 2.5% of total tokens, no lock-up
Private placement: $0.065, or 20% of the total scrip, to be released in the 9th month after launch
Seed round price: $0.05, accounting for 10% of the total amount of token, after the online release to the 18th month

Specific token allocation

Seed round investor: 10.00%
Private Equity investor: 20.00%
Early Supporter: 0.625%
Public offering: 1.875%
Community: 8.00%
Pledge incentives: 13.50%
Ecology: 20.00%
Market: 6.00%
Aside: 10.00%
Team: 10.00%

Intelligent Contract Audit

FRONT has been audited by two blockchain audit firms, Quantstamp and CertiK, and has fixed all high-risk vulnerabilities and recognized that FRONT's smart contract includes power centralization (" COP "). An intelligent contract usually has an owner variable that specifies the entity with special authority to modify the intelligent contract. COP, however, further guarantees security by requiring that the user be informed if the smart contract needs to be modified.

The core team

Ravindra Kumar, CEO Frontier. A former CTO at InstaDApp and Woodstock, He is an intelligent contract developer, An Android developer, and an expert in multiple programming languages. He was an early adopter of Ethereum and has extensive technical knowledge of Ethereum's core code base, cryptography, and form validation. Ravindra has more than nine years of development experience and has worked on more than 50 mobile applications, including Fueled.com, Care.com and Cleartrip.com.

Vetrichelvan Jeyapalpandy, Frontier CTO. Has 13 years of software development experience, and more than two years of development experience in blockchain and DeFi.

Palash Jain, Frontier CMO. Responsible for all aspects of Frontier's marketing, community, PR and brand awareness. He has more than 3 years of experience in the blockchain field, and has been involved in a number of marketing projects, including IOST, BitMax, Matic and Lambda.

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