Frontier is thrilled to announce its partnership with OpenDeFi, a decentralised protocol that enables custody of real-world assets on blockchains and enables developers to build applications on top of it.
This partnership will enable users using leading mobile wallets such as Trust Wallet, Coinbase Wallet, MetaMask Mobile, imToken and Fortmatic to access the Native OpenDeFi suite through Frontier’s Mobile interface without giving away or importing private keys.
- Native $ORO Staking – Users will be able to connect mobile wallets and stake ORO tokens seamlessly using Frontier’s Mobile interface.
- Native OpenDeFi collateralized loans – Users will be able to Lock Oropocket Gold and Silver Tokens and Generate USDC
- Tracking OpenDeFi Positions – Users will be able to track protocol positions by entering ethereum public address or by connecting Mobile wallets.
Speaking about the integration, Tarusha Mittal, COO & Co-Founder of OpenDeFi said that
Frontier is solving the adoption problem for DeFi projects by offering an easy-to-use interface and seamless integrations of various protocols. With this partnership, we're confident of a greater adoption of OpenDeFi assets and financial instruments.
Open Finance(OpFi) is a fintech protocol that enables custody of real-world assets on blockchains and enables developers to build applications on top of it. Being open in nature this protocol allows seamless integration of other on-chain apps, and can enable multiple chains to cross-share the asset classes.
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.