[Frax] [FIP - 153] Deploy Fraxferry for frxETH ( Polygon )

Quorum: 7.51m CVX

Authors

Frax Core Team

Summary

Deploy a Fraxferry for frxETH between Ethereum Mainnet and Polygon, with the following details:

Parameter	Value
Ethereum Token address	0x5E8422345238F34275888049021821E8E08CAa1f (frxETH)
Polygon 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 a Fraxferry for frxETH between Ethereum Mainnet and Polygon
• Against: Do nothing.