[FIP - 269] Deploy Fraxferry for FRAX ( Base )

Voting ended over 2 years agoSucceeded

Authors

Frax Core Team

Summary

Deploy Fraxferry for FRAX between Ethereum Mainnet and Base Chain, with the following details:

Parameter	Value
Ethereum Token address	0x853d955aCEf822Db058eb8505911ED77F175b99e (FRAX)
Base 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 Fraxferry for FRAX between Ethereum Mainnet and Base
Against: Do nothing.

Off-Chain Vote

For

28.22M FXS100%

Against

0 FXS0%

Quorum:393%

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Discussion

[FIP - 269] Deploy Fraxferry for FRAX ( Base )

Timeline

Aug 01, 2023Proposal created

Aug 01, 2023Proposal vote started

Aug 06, 2023Proposal vote ended

Mar 02, 2026Proposal updated