[Frax-FPIS] [FPIIP - 10] Deploy Fraxferry for FPI ( Polygon zkEVM )

Quorum: 7.94m CVX

Authors

Frax Core Team

Summary

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

Parameter	Value
Ethereum Token address	0x5Ca135cB8527d76e932f34B5145575F9d8cbE08E (FPI)
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 a Fraxferry for FPI between Ethereum Mainnet and Polygon zkEVM
• Against: Do nothing.