Frontier Token Details

What is $FRONT?

$FRONT is Frontier’s future native-chain token that is designed to incentivize entry in DeFi, especially for smaller purse players who are unable to participate due to prohibitive costs.

Highest impact value capture utilities of $FRONT will be staking to secure our decentralized key management Frontier Chain, governance via $gFRONT native, deflationary mechanisms, NFT acquisition and creation, and discounted token sends and exchanges.

More utilities will be created as Frontier grows.

Utilities

Staking on Frontier Chain

Frontier Chain is a decentralized key management chain. $FRONT will secure the network. Users will be able to participate by running a validator node or delegating tokens to validators.

Gasless Transactions

$FRONT will subsidize gas fees on transactions made within the Frontier Suite of applications. Locking $FRONT in Frontier Vault will create eligibility for access to free and near-free transactions.

Frontier Incentivization Protocol

The suite of Frontier applications will contain a new incentivization layer in which users will gain eligibility for rewards in the form of $FRONT based on how much native app activity they perform.

Liquidity Provision

Frontier will use $FRONT to bootstrap liquidity for various decentralized protocols and platforms. Users will also be able to provide liquidity to pools using $FRONT and receive yield.

Governance

Frontier will create a model for $gFRONT, the governance token used to vote on Frontier Chain. Decisions around a suitable and fair model for decentralized governance will occur within the community of $FRONT holders.

NFT Acquisition & Creation

Frontier will allow content creators, blockchain companies, and other industry leaders to acquire and issue non-fungible tokens natively. $FRONT will be the preferred form of payment available for token issuance, transfer, and destruction.

Referrals

Frontier will develop a referral system that incentivizes users to bring their friends into DeFi. Community campaigns will also involve distributing $FRONT to members who have demonstrated a strong desire to help improve our ecosystem.

Deflation via Integration

Frontier will require that a portion of proceeds from grant and fee-based B2B integrations be collected via $FRONT. The more integrations that we release, the stronger the value accrual for $FRONT.

More in Mind

We're currently designing a few other essential utilities for $FRONT.

Discounted CeFi Onramping
$FRONT Collateralized Borrowing
Social Gamification
Unifront API Access and Unlocks

$FRONT Economic Model

We designed $FRONT for immediate, mid-term, and long-term value capture. Seed commits to long-term strategic partnerships and project growth entering the 2021 year. Private commits to mid-term value capture through liquidity provision, protocol incentivization, and community awareness. Public faces no lockup. Bonus structure and token vesting have taken into account all factors of seed importance to Frontier’s growth, private importance to our market awareness, and public involvement in our success. We believe that $FRONT’s value capture and market positioning will make all rounds pleased.

View $FRONT Metrics

$FRONT Audits

Both Quantstamp and CertiK, two of the most prominent leaders in blockchain security and infrastructure, audited the smart contracts for $FRONT. We fixed all high-level issues and acknowledged that $FRONT's smart contract contains the Centralization of Power ("COP").

As of September 9th, 2020 we are Quantstamp verified. As of September 11th, 2020 we have a CertiK Very High Confidence security level.

Smart contracts often have owner variables to designate an entity with special privileges to make modifications to a smart contract; however, COP needs to be made clear to users, mostly depending on the freedom that a contract allows an owner (i.e., Vesting).

In the $FRONT token case, its owner is a multi-sig Gnosis-based wallet that relies on multiple signers to agree upon all transactions. In short, sudden changes to token vesting or malicious acts by a single actor are impossible. Read more in the following two audit reports below.

Backed by Industry Leaders

Frontier Strategic Partnerships