[FIP - 150] Deploy Fraxferry for a new chain ( Avalanche )

Voting ended about 3 years agoSucceeded

Authors

Barry

Summary

Deploy a Fraxferry between Ethereum Mainnet and Avalanche, with the following details:

Parameter	Value
Ethereum Fraxferry contract address	TBD
Avalanche Fraxferry contract address	TBD
Ethereum Token address	0x853d955aCEf822Db058eb8505911ED77F175b99e (FRAX)
Avalanche Token address	TBD
MIN_WAIT_PERIOD_ADD	1 hour
MIN_WAIT_PERIOD_EXECUTE	23 hours

Background and Motivation

Fraxferry is the newest product of Frax Finance. It aims to simplify the cross-chain bridging issue for Frax assets, making it easier to deploy Frax 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 between Ethereum Mainnet and Avalanche
Against: Do nothing.

Off-Chain Vote

For

40.26M FXS99.9%

Against

26.57K FXS0.1%

Quorum:561%

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Discussion

[FIP - 150] Deploy Fraxferry for a new chain ( Avalanche )

Timeline

Jan 06, 2023Proposal created

Jan 06, 2023Proposal vote started

Jan 11, 2023Proposal vote ended

Mar 02, 2026Proposal updated