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Frontier Stock

Frontier

FRONT

Price

0.02
Today +/-
+0
Today %
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Frontier Whitepaper

  • Simple

  • Expanded

  • Experte

Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
VinDAXFRONT/USDT0.883,659.622,564.025,438.120.01cex148
ProBit GlobalFRONT/USDT0.2200126.630cex1
PoloniexFRONT/USDT0.197.21,358.5811.420cex41
PoloniexFRONT/BTC0.160000cex1
CoinoneFRONT/KRW0.210000cex1
1

Frontier FAQ

What is Frontier (FRONT)?

Frontier is a chain-agnostic decentralized finance (DeFi) aggregator. The project is designed to integrate DeFi support across various 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 at optimal rates, liquidity mining, as well as the creation and monitoring of collateralized debt positions (CDP). Essentially, Frontier aims to bring the fundamental functionalities of DeFi to users, independent of the platforms they utilize. Development of Frontier commenced in April 2019, with the beta platform launched in November 2019.

Who Are the Founders of Frontier?

Frontier is supported by a team of at least 15 members located around the globe. The project's co-founders are Ravindra Kumar, Palash Jain, and Vetrichelvan Jeyapalpandy. Ravindra Kumar serves as the CEO of Frontier and acts as a tech advisor at THORChain. He possesses over nine years of experience as a smart contract and Android developer. Kumar has been involved in the development of more than 50 mobile applications, including those for Care.com, Cleartrip.com, and Fueled.com. He has also held the position of Chief Technology Officer (CTO) at both Woodstock Fund and InstaDapp, a decentralized banking infrastructure that supports DeFi protocols. Palash Jain, the Chief Marketing Officer (CMO) of Frontier, brings over three years of experience in the blockchain sector. His previous roles include working with BitMax, Matic, IOST, and Lambda, where he served as Communications Manager. Jain earned a Bachelor of Technology in Computer Engineering from the Global Academy of Technology. Vetrichelvan Jeyapalpandy is the Chief Technology Officer (CTO) of Frontier and has a strong background in mobile and web development. With over seven years as a consultant at Care.com, he has also been a front-end engineer at Cleartrip.com. Jeyapalpandy holds a Bachelor of Technology in Chemical Engineering from Kongu Engineering College. For additional insights, the latest data on Frontier is available on Eulerpool.

**What Distinguishes Frontier?**

Frontier seeks to address the issue of fragmentation within the decentralized finance (DeFi) sector. There is considerable isolation in activities such as swapping, borrowing, lending, staking, and providing liquidity. Frontier aims to resolve this challenge by aggregating multiple DeFi applications into a single platform. Frontier asserts that while non-custodial wallets are primarily designed for storing cryptoassets, they are often impractical for DeFi applications. Consequently, users are compelled to download multiple wallets in order to engage within a specific ecosystem. Frontier integrates various wallets, including Metamask, FortMatic, Coinbase Wallet, Trust Wallet, and imToken. This integration allows users to participate in DeFi without needing to transfer their cryptoassets between different wallets.

What is the Circulating Supply of Frontier (FRONT) Coins?

The FRONT token serves as a utility token within the Frontier ecosystem, designed to cater to smaller participants in the DeFi space who face challenges due to high costs. The total supply of FRONT is fixed at 100 million tokens, distributed as follows: - Token sale: 32.5% - Ecosystem: 20% - Staking rewards: 13.5% - Reserves: 10% - Team: 10% - Community: 8% - Marketing: 6% The FRONT token also has the following use cases: - Voting on the Frontier Chain. FRONT token holders can participate in decentralized governance decisions. - Providing liquidity to pools. This enables users to generate passive income, as FRONT tokens facilitate liquidity for various DeFi protocols. - Staking as a mechanism to secure the Frontier Chain network. Users can achieve this by either operating a validator node or by delegating their FRONT tokens to validators.

How is the Frontier Network Secured?

The FRONT token is an ERC-20 token. Frontier has implemented smart contracts enabling token holders to transition their FRONT ERC-20 tokens to the BEP-20 standard on the Binance Smart Chain. In April 2021, Frontier launched its Frontier Chain Incentivized Testnet, utilizing the Cosmos SDK.

Where Can Frontier (FRONT) Be Purchased?

FRONT tokens are available for trading on various centralized (CEX) and decentralized exchanges (DEX), including: * Binance * Huobi Global * KuCoin * Gate.io * Uniswap (V2) For further information on purchasing Bitcoin and other cryptocurrencies, refer to Eulerpool.

Investors interested in Frontier are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.