Frontier (FRONT)
Summary
Frontier (FRONT) was a chain-agnostic DeFi aggregation and non-custodial wallet platform that launched via token generation event in September 2020 and rebranded to Self Chain (SLF) in 2024. The project's founder and CEO, Ravindra Kumar, was ousted in June 2025 following allegations of involvement in a $50 million OTC crypto fraud scheme. The rebranding itself drew significant community backlash due to a 4x token supply increase (90M to 360M) conducted at a 1:1 swap ratio, which on-chain analysts characterized as a 75% effective dilution of holder value. Binance subsequently delisted SLF in September 2025 following a monitoring tag placement and exchange concerns about code transparency and governance.
Timeline(17 events)
2020-08-26
Frontier raises $1.85 million seed round from investors including Alameda Research, Mechanism Capital, NGC Ventures, and Woodstock Fund
Chain Broker / CryptoRank2020-09-16
FRONT token generation event (TGE) completed; token launched at approximately $0.08 ICO price
ICO Drops2021-02-17
FRONT reaches all-time high of approximately $7.04, representing over 87x gain from ICO price
CoinGecko2022-11-01
FRONT price deteriorates further following FTX bankruptcy; investor Alameda Research implicated in broader FTX fraud
CoinDesk2024-01-12
Self Chain DAO opens governance vote on rebranding from FRONT to SLF and increasing total token supply from 90M to 360M
Self Chain Blog2024-01-19
Governance vote closes with reported 100% approval; 1,548,149 FRONT voted in favor
Self Chain Blog2024-08-19
Binance announces support for FRONT token swap and rebrand to SLF; initial announcement does not disclose 4x supply increase
Binance Announcement2024-08-30
Binance completes FRONT-to-SLF token swap; SLF reaches approximate peak of $0.94
Binance Announcement2024-09-01
Binance updates announcement to disclose full SLF total supply of 360 million, triggering community backlash over alleged 75% effective dilution
CoinLive / Bitcoin Sistemi2025-06-23
Self Chain ousts founder and CEO Ravindra Kumar following public allegations of involvement in a $50 million OTC crypto Ponzi scheme; Kumar denies all allegations
CoinDesk / The Block / DL News2025-07-07
Binance places SLF under its formal Monitoring Tag, signaling elevated delisting risk
Binance Announcement2025-08-07
Bithumb suspends SLF deposits citing concerns about code transparency and event controls
bitcoinethereumnews.com2025-09-03
Binance announces delisting of SLF, effective September 17, 2025; SLF price drops sharply on announcement
Binance AnnouncementDecision Log
- hash: CypfUHBGvvMYiSi1evWKCjxK8EzEKgDiMQX4HTmaLKzv
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-code-investigator
generated: 5/14/2026, 4:55:12 AM
last updated: 5/14/2026, 4:55:44 AM
avoid.net — verified advice for a post-truth world