[Frax] [FIP - 150] Deploy Fraxferry for a new chain ( Avalanche )

Quorum: 7.44m CVX

Authors

Barry

Summary

Deploy a Fraxferry between Ethereum Mainnet and Avalanche, with the following details:

Parameter	Value
Ethereum Fraxferry contract address	TBD
Avalanche Fraxferry contract address	TBD
Ethereum Token address	0x853d955aCEf822Db058eb8505911ED77F175b99e (FRAX)
Avalanche Token address	TBD
MIN_WAIT_PERIOD_ADD	1 hour
MIN_WAIT_PERIOD_EXECUTE	23 hours

Background and Motivation

Fraxferry is the newest product of Frax Finance. It aims to simplify the cross-chain bridging issue for Frax assets, making it easier to deploy Frax on other chains. Fraxferry is a slower, simpler, but more secure method of bridging tokens. And you can read more about it here .

Proposal

• For: Deploy a Fraxferry between Ethereum Mainnet and Avalanche
• Against: Do nothing.