[Frax] [FIP - 136] Deploy Fraxferry for a new chain ( Optimism )
Quorum: 7.24m CVX
Authors
Frax Core Team
Summary
Deploy a Fraxferry between Ethereum Mainnet and Optimism, with the following details:
| Parameter | Value |
|---|---|
| Ethereum Fraxferry contract address | TBD |
| Optimism Fraxferry contract address | TBD |
| Ethereum Token address | 0x853d955aCEf822Db058eb8505911ED77F175b99e (FRAX) |
| Optimism 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 Optimism
- Against: Do nothing.
Off-Chain Vote
For
7.71M CVX100%
Against
1.19 CVX0%
Timeline
Nov 22, 2022Proposal created
Nov 22, 2022Proposal vote started
Nov 25, 2022Proposal vote ended
Oct 26, 2023Proposal updated