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DeFi App Frontier Adds Tezos Integration

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DeFi application Frontier now supports the Tezos blockchain along with 14 other networks, allowing its users to store, send and receive Tezos native tokens alongside other tokens on other chains.

Frontier users can create multi-coin wallets and store Tezos-based assets on the Frontier app. Frontier supports FA 1.2 and 2.0 tokens. This comes ahead of the release of Frontier’s Version 2, which was a full rebuilt of the app from the ground up.

“FA‌ ‌assets on Tezos are ‌similar‌ ‌to‌ ‌the‌ ‌ERC-20‌ ‌and‌ ‌ERC-721‌ ‌token‌ ‌standards‌ ‌on‌ ‌Ethereum.‌ Tezos‌ ‌FA‌ 2.0‌ token standard‌ allows‌ ‌support‌ ‌for‌ ‌multiple ‌forms‌ ‌of‌ ‌tokens.‌ The FA1.2‌ ‌tokens are ‌ERC20-like‌ ‌fungible‌ ‌token‌s while‌ ‌FA2‌ ‌supports‌ ‌a‌ ‌wider‌ ‌range‌ ‌of‌ ‌token‌ ‌standards‌ ‌similar‌ ‌to‌ ‌Ethereum’s‌ ‌fungible‌ ‌(ERC20),‌ ‌non-fungible‌ ‌(ERC721),‌ ‌as‌ ‌well‌ ‌as‌ ‌multi-asset‌ ‌contracts‌ ‌(ERC-1155).‌”

As composability is the foundational ethos of DeFi, allowing users access to permissionless protocols and dApps for staking, saving, and lending opportunities from a single interface is essential. But perhaps the more interesting part is when users can access different blockchains like Tezos, Polygon, Avalanche, etc., from a single interface without needing to switch apps or jump many hoops. This is what Frontier affords DeFi and Crypto growing users. With Tezos now available on Frontier with initial features like storing, sending, and receiving, both communities (Frontier and Tezos) can anticipate more exciting features like DEX, NFTs, and staking opportunities to maximize their yields on Tezos.

The Frontier app on Android and iOS also supports an array of protocols like MakerDAO, Compound Finance, Uniswap, Band Protocol, Synthetix, Kava, dYdX, and Nuo Network. As the industry’s go-to wallet aggregator, Frontier supports multiple mobile wallet applications, such as Trust Wallet, WalletConnect, MetaMask, Fortmatic, and Coinbase wallet.

This latest integration is in line with Frontier’s efforts to increase exposure to Crypto & DeFi, helping reduce the barrier to entry for the sector. 

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About Tezos 

Tezos is smart money, redefining what it means to hold and exchange value in a digitally connected world. A self-upgradable and energy efficient blockchain with a proven track record, Tezos seamlessly adopts tomorrow’s innovations without network disruptions today. To learn more, visit tezos.com.

About Frontier

Frontier is a Crypto & DeFi, NFT wallet where you can send, store & invest in 4,000+ crypto assets. Earn passive income on your crypto by staking or supplying assets in DeFi apps and exploring web 3.0 from a single place. To learn more, visit Frontier.xyz

This is a press release published on BitPinas: DeFi App Frontier Adds Tezos Integration

Note: TZ APAC partnered with BitPinas for the #Tezmas Campaign last December 2021.

The post DeFi App Frontier Adds Tezos Integration appeared first on BitPinas.

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