DeFi Lending and Staking Platform Frontier Collaborates with Injective

DeFi Lending and Staking Platform Frontier Collaborates with Injective
DeFi Lending and Staking Platform Frontier Collaborates with Injective

As of today, Frontier, a chain-agnostic DeFi aggregation layer, has strategically collaborated with Injective. Frontier will bring its DeFi solution to Injective’s innovative layer-2 decentralized derivatives exchange, creating a partnership that will immensely help bring new features and functionality for users of both Frontier and Injective.

Frontier allows users to track and manage their positions in top DeFi protocols such as MakerDAO and InstaDApp. In addition, the mobile interface enables staking for a number of popular tokens such as Band Protocol and other collaborator Kava. All of this is done in a non-custodial manner, meaning that users retain complete control over their assets and keys at all times. Frontier is able to achieve this with the use of TxLink, a middleware between DApps and mobile wallets for transaction signing which helps to create a more seamless user experience.

Given that Injective contributors are working to unlock innovative forms of decentralized derivatives trading, Frontier users will be able to access new derivative markets as well as trading liquidity for markets not found on other exchanges. As Injective’s DEX integrates with Frontier, Frontier will help provide a user-friendly mobile interface for token swaps. This means that Injective can potentially see more trading volume through trades generated on the frontend by users of Frontier. Simultaneously, Frontier users can tap into Injective’s deep liquidity pools for unique derivative markets.

Frontier CEO and Co-Founder, Ravindra Kumar is excited to be able to access the derivative markets offered by Injective.

“We have been following Injective’s progress for quite some time and are immensely excited to bring our users access to unique derivative markets. This will enable a host of new opportunities for trading swaps across a multitude of new asset types.”

Frontier will also serve as a valuable collaborator for Injective as the community looks into staking for INJ tokens in the near future. Adding INJ tokens to Frontier in the coming months will allow users of Frontier to easily stake INJ tokens on a unified mobile interface.

As security is a core tenet of both projects, Frontier and Injective will be able to collaborate on a technical level to expand the offerings of both parties. The Injective family aims to research and collaborate on new areas within DeFi on both a technical and business level. Additionally, this new partnership will allow both parties to promote their product offerings and superior consumer offerings via various marketing channels.

Injective Labs CEO and Co-Founder, Eric Chen spoke about the importance of a user-friendly frontend interface to access DeFi networks.

“Frontier is unlocking a new paradigm in the DeFi sector by allowing mainstream traders and crypto users to access DeFi networks with ease. This is a major step for Injective as we look to integrate our derivatives DEX with Frontier, enabling millions of new potential users to utilize the tech built by the Injective community.”

The technical integration of Injective and Frontier will not only promote DeFi as a whole but will also increase the adoption and understanding of decentralized derivatives. The cross-chain offerings of both companies will enable new forms of derivatives trading across the protocol layer developed by Frontier as well.

As both projects' communities are passionate about increasing the accessibility and adoption of DeFi, this collaboration will bring forth a plethora of new opportunities for crypto enthusiasts and traders globally.

About Frontier

With the DeFi ecosystem growing rapidly, users face a fragmentation problem where they have to manage multiple addresses on many platforms in order to access their assets and data. Frontier solves this problem by tying in all of your wallets into one integrated view without ever asking for your private key. Frontier makes it simple to launch decentralized finance applications using a simple consumer-friendly application. This helps empower individuals to easily interact with innovative DeFi protocols and to earn yield on different assets.

About Injective

Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.

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