[Frax] [FIP - 155] Deploy Fraxferry for frxETH ( Fantom )
Quorum: 7.51m CVX
Authors
Frax Core Team
Summary
Deploy a Fraxferry for frxETH between Ethereum Mainnet and Fantom, with the following details:
| Parameter | Value |
|---|---|
| Ethereum Token address | 0x5E8422345238F34275888049021821E8E08CAa1f (frxETH) |
| Fantom 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 Fantom
- Against: Do nothing.
Off-Chain Vote
For
8.36M CVX99.9%
Against
6.6K CVX0.1%
Timeline
Jan 11, 2023Proposal created
Jan 11, 2023Proposal vote started
Jan 14, 2023Proposal vote ended
Oct 26, 2023Proposal updated