The Concordium blockchain has announced that it plans to interface with the sophisticated non-custodial wallets Frontier. It will allow users to stake and delegate the system’s native currency, CCD. Frontier is just a multichain cryptocurrency and non-fungible tokens wallet featuring DeFi aggregation powers. It is accessible on mobile devices across iOS and Android as well as on the website as a chrome extension.
Frontier Launches a Unified DeFi Dashboard for Multichain Portfolio Management
Simple, safe, and transportable DeFi is Frontier’s goal. Therefore, it enables individuals to buy, invest, gain, borrow, lend, exchange, and bridge cryptocurrency assets between networks and dApps. It provides a unified dashboard for tracking and managing numerous wallets and DeFi portfolios throughout all platforms. Because it supports 35+ chains, such as Ethereum, Polkadot, Avalanche, Solana, Cosmos, Binance Smart-Chain environment, and all major L2 scaling technologies, EVM & non-EVM chains. Now customers no longer have to juggle several applications and web browsers to monitor multichain portfolios.
In addition to sending, receiving, storing, swapping, and buying cryptocurrencies and NFTs, customers of the Concordium application can now risk tokens on numerous chains across different verifiers, bridge tokens all over chains, borrow and earn, join liquidity pools, and start creating CDPs. They can start trading on token derivative products, all without leaving the application. In addition to providing hardware wallets like Trezor and Ledger, Frontier incorporates dApps into several ecosystems, increasing the expansion possibilities from compatibility.
Frontier Wallet Partners with Concordium for Enhanced Account Registration and ID Confirmation
Frontier’s enhanced account registration will now incorporate ID confirmation and seeding phrase integration. The company’s partnership is with Concordium Block-chain, the one and only layer-one blockchain. The interaction between the two services will make using Concordium more convenient and appealing.
By generating fresh Concordium wallets in DeFi and importing an existing one, customers will have a better experience with Frontier. In addition, they will have a simple, non-custodial option to trade the Concordium coins. In addition, they’ll also have entry to the rest of the Concordium DeFi network. It includes the Concordordex, when it launches later this year.
Ravindra Kumar, co-founder, and CEO of Frontier Wallet has stated that an ID-verified blockchain system like Concordium could still help open up a substantial value in the mass acceptance of Web3. This is because regulatory authorities around the world are currently considering methods and approaches to regulating decentralised finance and cryptocurrencies. Concordium has chosen Frontier Wallet as its own Wallet partner. Together, they will be able to create a safe, non-custodial cryptocurrency and NFTs wallet that provides easy reach to staking with CCD and DeFi.
