Frontier Forms Strategic Partnership with TomoChain and Adds Native Support for TOMO and TRC21 Assets
Frontier is proud to announce that we have formed a strategic partnership with TomoChain, a scalable blockchain-powered via Proof-of-Stake Voting consensus and used commercially by companies globally. This collaboration will further boost the DeFi ecosystems growing on TomoChain and Frontier's continued efforts to build a native cross-chain layer for DeFi
Frontier is proud to announce that we have formed a strategic partnership with TomoChain, a scalable blockchain-powered via Proof-of-Stake Voting consensus and used commercially by companies globally.
This collaboration will further boost the DeFi ecosystems growing on TomoChain and Frontier's continued efforts to build a native cross-chain layer for DeFi protocols and platforms.
Speaking about DeFi protocols, Frontier has been actively supporting LuaSwap, a Decentralised AMM protocol built by TomoChain team by community AMAs, liquidity provision, and other marketing initiatives to grow the emerging ecosystems together.
Frontier has been putting efforts into making $FRONT accessible across multiple blockchain ecosystems. We believe the future will be cross-chain and will not be limited to only one blockchain. For DeFi to thrive and grow, it is essential to support DeFi development on multiple blockchains. $FRONT is to incentivize DeFi, and as part of our continued efforts of being chain-agnostic, we have issued FRONT TRC21, which is a token standard on TomoChain and is listed on TomoDEX to support the growth of primitive DeFi ecosystems, and DEXs and for users to access FRONT TRC21 easily.
With this Collaboration, Frontier as a DeFi Application layer product will be supporting:
- Native TomoChain -- Integrating the native TomoChain blockchain in the DeFi interface, enabling users to Store, Spend, Track, and Receive both TOMO and TRC21 assets.
- Support for TRC21 -- TRC21 is token standard on TomoChain blockchain similar to ERC20 on Ethereum. Users will be able to Send, Track, Receive TRC21 tokens.
- Trust Wallet linking -- Users can connect Trust wallet with Frontier and track TOMO and TRC21 assets.
Speaking about the partnership, Kyn Chaturvedi, CBDO – TomoChain, said that
Frontier's focus on providing a blockchain agnostic solution is truly inclusive, and forward-thinking in a space that often plays favorites. Integrating TomoChain into Frontier will provide TomoChain holders with a flexible and user-friendly option to store TOMO assets alongside the rest of their portfolio while driving awareness of our ecosystem to non-TomoChain Frontier users. And as our relationship has been in full bloom for months, it's an absolute pleasure to finally be partnering with Frontier in an official capacity as we move into the new year
Ravindra Kumar, CEO – Frontier, said that:
Frontier and TomoChain share the same vision of DeFi and realise that DeFi won’t be just for one blockchain, but it will be chain - Agnostic. The talented team at TomoChain have been putting immense efforts of building protocols across chains. We are excited to partner with TomoChain who shares the same vision as we do and work alongside to boost DeFi Adoption and introduce Native TomoChain in Frontier Application.
TomoChain is a scalable blockchain powered via Proof-of-Stake voting consensus and used commercially by companies globally.
TomoChain’s mission is to accelerate the onboarding of millions of users by empowering today’s applications with technology that masks the friction of Blockchain, all while retaining its underlying benefits. TomoChain’s technology and DeFi-focused flagship products include:
- Fast & Near-Zero Fees: 2000 TPS, 2-second block time, ~$0 gas fees, and EVM compatibility.
- An array of original features and protocols is designed to support speed, privacy, usability, and liquidity needs all in one platform.
Frontier is a Chain Agnostic DeFi Aggregation layer. Using Frontier, Users can Track and Manage DeFi positions, Stake Assets, Swap or Exchange Assets and explore more DeFi Applications in one single place. Frontier is also building Frontier chain, which is a Decentralised Key Management blockchain based on Cosmos SDK.