Fantom is now available on Frontier

3 min read
Fantom is now available on Frontier

The Frontier team is excited to announce that Fantom is now available on the Frontier mobile app, - a non-custodial DeFi wallet that makes it easy to track, send, store, and invest in 4000+ assets all in one place. You can now create, import, and track wallets (in real-time), exchange Fantom tokens, optimize with Frontier’s 0% commission fee, and more.

What is Fantom?

Fantom is an open-source smart contract platform for digital assets and decentralized applications (dApps). A fast and efficient blockchain, Fantom is a Layer1 (L1), that aims to provide an alternative to the slow speeds and high costs Ethereum as the next most accessible EVM compatible solution

FTM, the native token of the network, is used for on-chain governance, staking, and platform fees. The main utility of the FTM token is to secure the network via a Proof-of-Stake system. Unlike Proof-of-Work, used by Ethereum and Bitcoin, Proof-of-Stake prevents centralization and saves electricity.

What makes Fantom unique?

Fantom addresses the 'blockchain trilemma' of balancing decentralization, speed, and security using the unique Lachesis consensus.

Fantom’s aBFT consensus algorithm is Lachesis. The platform is modular and compatible with other Dev tools. It can be integrated into any blockchain easily. Lachesis is created to overcome the limitations of previous consensus algorithms. It is an ideal option for applications that need fast finality and bank-grade security.

There are no leader nodes that are responsible for creating blocks. This results in faster transactions while also maintaining high levels of security.

The blocks in the network are independent. Hence, the Fantom network is more decentralized. Every decentralized application runs on an autonomous blockchain structure connected to the Lachesis consensus.

The Fantom mainnet Opera utilizes the FVM (Fantom Virtual Machine). Fantom Virtual Machine is Fantom's software development kit. It provides the framework to deploy and develop decentralized finance applications on the network.

Opera is also compatible with the EVM (Ethereum Virtual Machine). It lets developers move their Ethereum-based decentralized apps seamlessly to Fantom.

Fantom Integration Highlights

Create, import, and track wallets directly on Frontier, with reliable non-custodial security, PIN protection, and push notifications on any wallet activity.

Buy, send, receive tokens is now easier than ever, users can buy using secure crypto payment services. Sending and receiving Fantom’s native utility token – $FTM or any asset on Fantom is now seamless with 0% Frontier Fee.

Swap tokens within the app and choose from over 50 tokens listed within the Frontier wallet.

Wallet Connect extends the Web3 capabilities of your wallet by connecting you to any dApp on the Fantom blockchain.

Ravindra Kumar, CEO of Frontier, commenting on this integration, said:

“Frontier is looking forward to this integration, Fantom has already proven itself as a leading L1 and has demonstrated its commitment to fast, scalable dApp development. It was a delight to work with Michael Kong, Quan Nguyen, and the team — we’ll continue to build and support the growth of Fantom and its growing community at Frontier. Frontier’s goal is to provide its users a secure, simple, and fast interface to experience DeFi which is exactly what we are pleased to offer our global userbase.”

About Frontier

Frontier is a multi-chain, non-custodial DeFi wallet where you can buy, store, transact, swap, and invest in tokens and NFTs. Available on iOS and Android, you can easily earn passive income on your crypto by staking or supplying assets in DeFi apps. The Frontier Wallet app offers a secure mobile interface that lets users easily access a range of DeFi features with direct connectivity with dApps across chains.

Using Frontier, users can also track wallets, collect & manage NFTs and get push notifications on any transactions. Adding more chains and simplifying access to Web3, Frontier Wallet aims to make DeFi more accessible for the next billion users.

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About Fantom

Fantom is a fast, scalable, and secure layer-1 EVM-compatible platform built on a permissionless aBFT consensus protocol. On Fantom, transactions are confirmed in 1 second and cost just a few cents. Speed, low transaction costs, and high throughput make Fantom ideal for DeFi applications and real-world use-cases.

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Victor Ugochukwu

Head, Communications & Content