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FraxFraxby0xc3d6f21c79C2567A1858d8b93a4EDBD9dB399d9dnader

[FIP - 224] Deploy Fraxferry for frxETH ( Avalanche )

Voting ended almost 3 years agoSucceeded

Authors

Frax Core Team

Summary

Deploy Fraxferry for frxETH between Ethereum Mainnet and Avalanche Chain, with the following details:

Parameter Value
Ethereum Token address 0x5E8422345238F34275888049021821E8E08CAa1f (frxETH)
Avalanche 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 frxETH between Ethereum Mainnet and Avalanche
  • Against: Do nothing.

Off-Chain Vote

For
33.26M FXS100%
Against
1.14K FXS0%
Quorum:463%
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Discussion

Frax[FIP - 224] Deploy Fraxferry for frxETH ( Avalanche )

Timeline

Apr 28, 2023Proposal created
Apr 28, 2023Proposal vote started
May 03, 2023Proposal vote ended
Mar 02, 2026Proposal updated