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Convex FinanceConvex Financeby0x724061efDFef4a421e8be05133ad24922D07b5Bf0x7240…b5Bf

[Frax] [FIP - 176] Deploy Fraxferry for sfrxETH ( BSC )

Voting ended about 3 years agoSucceeded

Quorum: 7.87m CVX

Authors

Frax Core Team

Summary

Deploy a Fraxferry for sfrxETH between Ethereum Mainnet and BSC, with the following details:

Parameter Value
Ethereum Token address 0xac3E018457B222d93114458476f3E3416Abbe38F (sfrxETH)
BSC 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 sfrxETH between Ethereum Mainnet and BSC
  • Against: Do nothing.

Off-Chain Vote

For
8.32M CVX100%
Against
227.77 CVX0%
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Timeline

Jan 27, 2023Proposal created
Jan 27, 2023Proposal vote started
Jan 30, 2023Proposal vote ended
Oct 26, 2023Proposal updated