ZUG, Swiss, February 2, 2023 /PRNewswire/ — Concordium’s blockchain announces that it will integrate with advanced non-custodial wallet Frontier, enabling staking and delegation of Concordium’s native token, CCD, on the platform.
Available on mobile on Android and iOS, and on the web as a browser extension, Frontier is a multi-chain NFT and crypto wallet with DeFi aggregation capabilities on a mission to make DeFi simple, secure and mobile.
Frontier’s mission is to make DeFi simple, secure and mobile. Thus, it allows users to seamlessly view, track, and manage multiple DeFi wallets and purses across all platforms from a single interface, allowing them to buy, bet, earn, lend, borrow, trade, and bind crypto assets to through chains and dApps.
With NFTs, protocols, DeFi primitives, and support for 35+ chains including Ethereum, Solana, Cosmos, Polkadot, Avalanche, the Binance Smart Chain ecosystem, and all leading L2 scaling solutions, EVM and non-EVM chains, users no longer they need to constantly switch between multiple apps and browser extensions to manage their multi-chain wallets.
In addition to performing typical wallet functions like sending, receiving, storing, trading, and buying crypto and NFTs, Concordium users will now be able to stake tokens across multiple chains through various validators, pool tokens across chains, lend and earn, participate in liquidity pools, create CDPs and trade token derivatives all in the app that acts as a single wallet for all your DeFi needs. Additionally, Frontier integrates dApps into various ecosystems to maximize the growth potential of interoperability, and also offers hardware wallet support for Ledger and Trezor.
Benefiting from Frontier’s integration with the Concordium Blockchain, the only Layer 1 blockchain with a built-in standalone identification framework, the updated account creation will include identification verification and seed phrase integration. The integration will facilitate and improve the attractiveness of Concordium for its users.
DeFi users will benefit by creating new Concordium wallets or importing their existing Concordium wallets into Frontier. They will also be able to stake their Concordium tokens seamlessly and without custody. Apart from this, they will also have access to the upcoming Concordium DeFi ecosystem that will launch later this year as Concordordex.
“With regulators around the world contemplating ways and means to regulate decentralized finance and cryptocurrencies, an ID-verified blockchain network like Concordium can help unlock significant value in the mass adoption of Web3. Frontier Wallet is more than excited to partner with Concordium as their Wallet Partner and help them build a secure, non-custodial Crypto and NFT wallet with seamless access to DeFi and CCD staking,” He says ravindra kumarFounder and CEO of Frontier Wallet.
“At Concordium, we believe in a future where Web3 partners with new and existing companies to create exciting new offerings. To be successful, we want our community to have access to the best non-custodial wallets possible. Frontier’s capability to unify multiple blockchains Concordium’s delegated proof-of-stake design is a natural fit for Frontier’s robust integrated DeFi offering, and we look forward to working with the team to support future compliance needs of projects through Concordiums Web3 ID. structure,” says Mikael Breinholst, Product Manager at Concordium.
CONTACT:
Mariona Iturrate Valle
marketing team
marketing@concordium.com
SOURCE Concord
