Frontier is thrilled to announce its latest integration with Compound Finance, A Decentralised Money Market Protocol, enabling users to access Native Compound Protocol on Mobile.
This integration will enable users using leading mobile wallets such as Trust Wallet, Coinbase Wallet, MetaMask Mobile, imToken and Fortmatic to access Native Compound through Frontier Mobile interface without giving away or importing private keys.
- Track your Compound Finance positions – Users can seamlessly track their Compound Lending/ borrowing, and Claimable COMP positions.
- Manage existing positions – Users who already have existing positions in Compound protocol can manage it by connecting Mobile Wallets with Frontier Mobile interface.
- Create new positions – Users can supply assets such as DAI, USDT, USDC, ETH, BAT etc into Compound by connecting Mobile Wallets without having to import seed/private keys.
⚠️Note: Frontier connects multiple mobile wallets via TxLink, A Deep-linking tech, which enables Frontier to natively connect to wallets without having to import any private keys or seed phrases. Read More on how Frontier introduces Wallet composability: https://blog.frontierwallet.com/wallet-composability-building-native-defi-app-on-mobile/
Speaking about the integration, Robert Leshner — Founder of Compound Protocol says
Frontier’s use of TXLink creates a simple user experience for accessing Compound on mobile without the need for importing private keys.
Review these useful guides to get started with Compound on your iOS and Android device.
About Compound Finance
Compound Finance is a leading DeFi protocol which allows users to deposit and borrow cryptocurrencies and earn interest by creating liquid money markets for cryptocurrencies and by setting interest rates with the use of algorithms.
The main design goals of Compound Finance are: providing liquidity, avoiding credit risk and frequent adjustment of interest rates. To know more about Compound Finance.
Frontier is a chain-agnostic DeFi aggregation layer. To date, we have added support for DeFi on Ethereum, Binance Chain, BandChain, Kava, and Harmony. Via StaFi Protocol, we will enter into the Polkadot ecosystem, and we will now put vigorous efforts towards Serum.
With our applications, users can participate in protocol tracking and management, staking, best-rate asset swapping, liquidity provision, CDP creation & monitoring, and more.