DeFi Aggregation Layer Frontier Integrates With The Elrond Mainnet
We're happy to announce that our mainnet is now integrated into Frontier! Frontier is building a DeFi aggregation layer to reduce complexity when managing multiple products on different chains.
Frontier's Android app (soon also in the iOS version) integration makes it possible to send & receive eGold. Furthermore, you can get notifications on your phone for Elrond wallet addresses without adding their private key in the app, which is great for monitoring your staking rewards in a cold wallet.
Our partner will continue to add features such as staking for eGold and integration with Elrond's DeFi products, in an effort to significantly increase exposure and simplify interaction with the Elrond ecosystem.
You can find out more about using Frontier with Elrond from this detailed guide.
Elrond is a new blockchain architecture, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism. Thus, Elrond can process upwards of 15,000 transactions per second (TPS), with 6-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.
Frontier is a Decentralised Finance wallet that enables users to track, view and manage their positions across DeFi protocols and provides a unified view of all the Ethereum assets and activities associated with Ethereum addresses without giving the private keys in a non-custodial way!
A user currently has to manage multiple addresses on multiple platforms, to track and access information about their assets and data a user has to navigate to these platforms individually. Frontier ties in the info of all of your addresses, wallets, and data, associated with DeFi and ERC20 tokens at one mobile app, bringing ‘DeFi at your fingertips’
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