Fusible partners with Frontier to introduce Native Fusible protocol on mobile

3 min readMar 3, 2021

We are thrilled to announce that Fusible has formed a strategic partnership with leading Chain-agnostic DeFi Aggregator Frontier to introduce Native Fusible protocol on mobile.

This partnership will enable users to deposit NFTs and convert them into FT tokens and seed liquidity into AMMs directly by connecting mobile wallets with Frontier DeFi Interface.

Evolving NFT Culture

2020 has been a year for NFT and DeFi. With NFT space having a market cap of 250M USD, it has seen an x3 increase in the transaction on the ethereum network with 218,599 active wallets interacting with NFT standard tokens.
And NFT CryptoArt are exploding everywhere.

Famous celebs and public figures such as Mark Cuban, Gary Vaynerchuk, and Mike Novogratz are actively talking about NFTs and how it is going to shape the future for digital goods, tokenising real world assets etc.

Liquidity Dilemma

When an artist or creator issues an NFT, it is a special type of cryptographic token which represents something unique. These NFTs are based on ERC-721 Protocol and ERC- 1155.

For Artist/Creator/Collector to successfully sell their digital artwork or collectables it goes through a series of auctions where users bids and the highest bidder gets the NFT. While auctions provide a great mechanism of discovering price, they are not as efficient as traditional open order book based bids/asks mechanism price discovery. The inherent constraint in having an open order book of bids/asks for an NFT is in the very nature of an NFT being non-fungible.

The time factor is another constraint that an auction suffers from. Creators have to either settle for the highest bid obtained in a specified period of time (potentially leaving money on the table) or will have to indefinitely wait for liquidity till a bidder emerges and matches the ask.

DeFi, liquidity pools, and DEXs have now provided us with newer avenues of looking at price discovery from various angles.

Enter Fusible x Frontier

Fusible is a price discovery protocol that unlocks liquidity from NFTs offering Refined Price Discovery, Opportunity for fractional ownership, and Liquid marketplace.

We will work closely with Frontier to introduce Native Fusible Protocol on Mobile. Enabling users to deposit NFTs and convert them into FT tokens and seed liquidity into AMMs directly by connecting mobile wallets with Frontier DeFi Interface.

Frontier also supports tracking and managing for Non-fungible Tokens (NFTs) and Semi fungible Tokens (Erc-1155). Users can visualise all their NFTs positions in Audio, Motion, and GIFs.

About Frontier

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.

About Fusible