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Bent FinanceBent Financeby0x8200d84590eCeb10C6471268930e2924F34e3D69bentvote.eth

[Frax] [FIP - 149] [Revote] Deploy Fraxferry for a new chain ( Moonriver )

Voting ended over 3 years agoSucceeded

Quorum: 7.70m CVX

Authors

zhoux_666

Summary

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

Parameter Value
Ethereum Fraxferry contract address TBD
Moonriver Fraxferry contract address TBD
Ethereum Token address 0x853d955aCEf822Db058eb8505911ED77F175b99e (FRAX)
Moonriver 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 Moonriver
  • Against: Do nothing.

Off-Chain Vote

For
52K weBENT100%
Against
0 weBENT0%
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Timeline

Jan 24, 2023Proposal created
Jan 24, 2023Proposal vote started
Jan 27, 2023Proposal vote ended
Mar 22, 2024Proposal updated