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Bent FinanceBent Financeby0x8200d84590eCeb10C6471268930e2924F34e3D69bentvote.eth

[Frax] [FIP - 210] Deploy Fraxferry for FXS ( Polygon zkEVM )

Voting ended about 3 years agoSucceeded

Quorum: 7.94m CVX

Authors

Frax Core Team

Summary

Deploy Fraxferry for FXS between Ethereum Mainnet and Polygon zkEVM Chain, with the following details:

Parameter Value
Ethereum Token address 0x3432B6A60D23Ca0dFCa7761B7ab56459D9C964D0 (FXS)
Polygon zkEVM Token address TBD
MIN_WAIT_PERIOD_ADD 1 hour
MIN_WAIT_PERIOD_EXECUTE 23 hours

Background and Motivation

Fraxferry aims to simplify the cross-chain bridging issue for assets, making it easier to deploy Frax-related tokens 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 Fraxferry for FXS between Ethereum Mainnet and Polygon zkEVM
  • Against: Do nothing.

Off-Chain Vote

For
53.23K weBENT100%
Against
0 weBENT0%
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Timeline

Apr 01, 2023Proposal created
Apr 01, 2023Proposal vote started
Apr 04, 2023Proposal vote ended
Mar 22, 2024Proposal updated