BiKi Lists Frontier ($FRONT) – a chain-agnostic DeFi aggregation layer
Frontier is a Chain Agnostic DeFi Aggregation layer. Using Frontier, Users can Track and Manage DeFi positions, Stake Assets, Swap or Exchange Assets and explore more DeFi Applications in one single place. Frontier is also building Frontier chain, which is a Decentralised Key Management blockchain based on Cosmos SDK.
On December 22, 2020, we were honored to have invited Palash Jain, CMO of Frontier to an AMA session with the BiKi community, sharing with them about the problems, solutions and challenges faced including what the future holds for them.
Trade here for FRONT/USDT
Here’s our AMA recap with FRONT on 22 December 2020, 19:00 GMT +8:
Host: Hello everyone, I am the person in charge of BIKI’s community and also the host. Thank you for participating in AMA tonight.
Host: It’s an honor that we have invited Frontier’s CMO Palash Jain to be our AMA guest tonight to chat with us about Frontier’s story!
Host: At the end of our live AMA, there will be a Q&A session where all participants are welcomed to ask anything.
Host: In this live AMA, our guest will answer in English, and our lady translator will translate the answers. First of all, thank our lady translator!
Host: Okay, without further ado, let’s invite our guest tonight, Frontier’s CMO Palash Jain! Welcome Palash Jain, please say hello to everyone @Palash Jain | Frontier
Palash Jain: Hi, everyone!
Host: @Palash Jain | Frontier Welcome!
Host: This live AMA is a question-and-answer format. Every time our guest answers a question, please reply “OK” and I will ask the next question. During the live AMA, I hope that all our friends here can remain quiet, and listen carefully to the sharing by our guest. After the sharing, everyone is welcomed to ask the questions.
Host: Ok, let’s start our AMA now.
Palash Jain: Sounds good, lets do it
Host: @Palash Jain The first question, please introduce yourself.
Palash Jain: Hi, I am Palash Jain, CMO of Frontier, overseeing all aspects of Frontierʼs marketing, community, PR, and brand awareness. I have 3+ years of experience in the blockchain space and has worked with several projects on the marketing front, including IOST, BitMax, Matic, and Lambda.
Host: Okay, let’s briefly introduce your project.
Palash Jain: Frontier is a Chain Agnostic DeFi Aggregation layer. Using Frontier, Users can Track and Manage DeFi positions, Stake Assets, Swap or Exchange Assets and explore more DeFi Applications in one single place. Frontier is also building Frontier chain, which is a Decentralised Key Management blockchain based on Cosmos SDK.
Host: Can you briefly explain the background of the project?
Palash Jain: Frontier was started back in 2019 early Jan – Feb much before the DeFi hype. We wanted to build DeFi for Mobile. At that time there were only handful of DeFi protocols existing in the space. We rolled out beta with only read function where users could track all DeFi positions and later on rolled out Manage function where user could connect wallets with Frontier and perform Lending, borrowing, staking etc and now we have expanded to other blockchains integrating multiple protocols from Cosmos, Polkadot, Solana and Binance Chain.
Host: Currently are there any outstanding achievements?
We are the first DeFi Product to Aggregate both DeFi and Mobile wallets. We built TxLink which is a middleware which connects Frontier to all ethereum wallets to Frontier.
- We are the first DeFi product to have native NFT tracking and managing on Mobile.
- Frontier introduced Frontier USD initiative where FRONT will be used to mint USDF1 Stablecoin backed by FRONT
Host: Could you please talk about what problems FRONT token solves?
Palash Jain: Frontier is a DeFi Aggregator which brings all of DeFi in one place. We are more like a Layer on top of DeFi where user can access multiple DeFi protocols, yield farming, Staking assets etc with $FRONT we are incentivising users whenever they use DeFi via our Application. Incentivization can be : Providing liquidity, Staking FRONT on Frontier chain, minting NFTs, referrals, minting Stablecoins or synthetic assets by keep FRONT as collateral.
Host: Why is the FRONT token different? Why do consumers choose FRONT?
Frontier ecosystem has three products
- Frontier DeFi Aggregator App
- Frontier Chain — Decentralised key management blockchain
- UniFront — Unified API for all DeFi Services
$FRONT plays crucial role in Frontier ecosystem. In our App, it is used to incentivise DeFi, referrals, liquidity provision, yield farming etc
We are also exploring FRONT backed synthetic assets. Users can mint USDF1 stable coin by keeping FRONT as collateral.
In Frontier Chain, $FRONT is used by Validators and Nominators to stake and secure the blockchain on-Chain Staking on Frontier.
In UniFront, $FRONT to be used as payment method for B2B use cases
There is use case and value accrual happening in the ecosystem, as more and more people use our product more value the Token gets.
Host: With this partnership, what changes and optimizations will it bring you?
Palash Jain: With this partnership, we make $FRONT more accessible to SEA audience and build strong communities in Chinese blockchain space. We are excited to be working with BiKi on listings, and various marketing activities to boost DeFi adoption.
Host: The last question, what can we expect from FRONT in the near future?
Palash Jain: There’s lot of exciting things coming up, to highlight, we are working on introducing Frontier Smart Wallet and Gasless transactions. FRONT holders can access DeFi protocols we integrate without having to pay gas fees.
Host: Thanks for the wonderful sharing from our guest! Now let’s enter the Q&A session. All participants are welcome to ask anything.
Community Question 1: What are the different underlying technologies used by FRONT?
Community Question 2: In the future development, how does FRONT bring benefits to users?
Community Question 3: How does FRONT plan to expand overseas markets?
Palash Jain: We are working on adding more language support to our Apps, so that we can communicate better, and also expand our product across various geographical regions. Also, we are working on building more communities.
Community Question 4: How do you feel personally about FRONT?
Palash Jain: We have been building Frontier over 2 years now and it has been a long journey. The response from community has been great. we are listed over all popular exchanges giving FRONT more exposure to multiple regions. Our products have good amount of downloads. We as DeFi Aggregator hold good position in the market and will continue to do so.
Community Question 5: What is the current cost for pledge mining?
Palash Jain: I am not quite sure if i understand it correctly. We are not yield farming project. If you mean by FRONT staking, you can do Liquidity provision and farm other coins with FRONT for example:
Farm LUA by providing FRONT liquidity
Farm SRM by providing FRONT liquidity
Farm FRONT and ALBT by providing FRONT liquidity
Community Question 6: What are your views on community building?
Palash Jain: I started my journey in crypto as community guy. A normal guy from india curious about blockchain and over past 3 years i have worked with projects on marketing and community building. Community is more important than anything. if you have good product but no community then it is no use. We need to focus on everything equally, At Frontier, our high priority is community building and expansion.
Community Question 7: What is the circulation supply?
Host: Thank you everyone for your questions, and thanks to our guest for the patient answers. This group will always be reserved. We will maintain this chat group for a while so that everyone can continue to interact here. Thanks @Palash Jain Thanks everyone.
Palash Jain: Thank you for hosting me today! and thanks to the community for asking amazing questions. I am staying in WeChat for long time now haha. Thank you so much everyone!
Trade here for FRONT/USDT
BiKi platform will be listing Frontier (FRONT) and opening deposit, withdrawal and trading for FRONT/USDT with the details are as follows:
1. Opening time for deposit: 12/21, 18:00 (GMT +8)
2. Opening time for trading: 12/21, 20:00 (GMT +8)
3. Opening time for withdrawal: 12/22, 18:00 (GMT +8)
Name/Ticker: Frontier (FRONT)
Total Supply 100,000,000 FRONT
Circulation Supply: 22,800,000 FRONT
Official Website: https://frontier.xyz/
White paper: https://frontier.xyz/front/
Frontier is a chain-agnostic DeFi aggregation layer. In short, the Frontier core mission is to bring the essential pieces of DeFi to users across whichever platforms.
Note: The above information is provided by the Project strictly for reference only.
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