Celo is now available on Frontier
Send, Store, Swap, and Access dApps on Celo blockchain
We are excited to announce the integration of CELO with its mobile-first non-custodial crypto, and DeFi wallet Frontier has integrated the CELO Blockchain into its platform. With the integration, users can now send, receive and store $CELO and Celo-based assets.
What is Celo?
Celo is a layer 1 (L1), EVM compatible Proof-of-Stake (PoS) blockchain network. As a high throughput network, DeFi developers create dynamic decentralized applications (Dapps) covering lending, staking DEXs etc. Celo is building a community where local communities have easy access to ultralight blockchain solutions and payments built on its L1 network.
Celo's stablecoins and tokenized assets mechanism are algorithms reserved-backed. CELO is a digital currency focusing on bringing more end users into cryptocurrency. Also, Celo adopts a mobile-first approach for wider crypto/blockchain adoption. The Celo network adopts a dual token model: its native token and governance asset, CELO, and its stablecoin, Celo Dollars (cUSD). By integrating CELO into Frontier, payment services will expand to a broader range of users with improved user experience.
Key Integrations Features
Send, store, receive assets – Users can now send Celo from the Frontier wallet to other wallets with ease and near-zero fees. Also, with the integration, users can now receive Celo from external wallets enabling them to store their Celo on the Frontier Wallet.
Swap Assets – With over 50 assets to choose from, users can now swap their Celo token for assets listed on the Frontier wallet.
Wallet Connect Integration: Since Celo aims to make financial tools available to anyone from a mobile phone, you can utilize Wallet Connect to access any CELO wallet, DEX, or AMMs right from the Frontier interface.
Asset Tracking: You can track your CELO assets and your profits and positions quickly from one spot.
Ravindra Kumar, CEO of Frontier, commenting on this integration, said:
This integration means a lot to us at Frontier because we see Celo blockchain as a team with aligned visions to that of Frontier: making the opportunities in the blockchain and DeFi ecosystem seamlessly accessible. Celo has been at the forefront of bringing blockchain to be mobile, and it is only natural that we help accelerate this vision with crypto & DeFi’s most intuitive wallet technology. Now, both Celo and Frontier communities should be able to explore opportunities in both ecosystems like swaps, tracking, or sending and receiving CELO-native assets.
Celo is a mobile-first blockchain that makes decentralized financial (DeFi) tools and services accessible to anyone with a mobile phone. It aims to break down barriers by bringing the powerful benefits of DeFi to the users of the 6 billion smartphones in circulation today.
Frontier is a Crypto & DeFi, NFT wallet where you can send, store & invest in 4,000+ crypto assets. Earn passive income on your crypto by staking or supplying assets in DeFi apps and exploring web 3.0 from a single place.
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