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FraxFraxby0xc3d6f21c79C2567A1858d8b93a4EDBD9dB399d9dnader

[FIP - 140] Deploy Fraxferry for a new chain ( Fantom )

Voting ended over 3 years agoSucceeded

Authors

Frax Core Team

Summary

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

Parameter Value
Ethereum Fraxferry contract address TBD
Fantom Fraxferry contract address TBD
Ethereum Token address 0x853d955aCEf822Db058eb8505911ED77F175b99e (FRAX)
Fantom 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 Fantom
  • Against: Do nothing.

Off-Chain Vote

For
26.98M FXS99.7%
Against
80.52K FXS0.3%
Quorum:377%
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Discussion

Frax[FIP - 140] Deploy Fraxferry for a new chain ( Fantom )

Timeline

Dec 02, 2022Proposal created
Dec 02, 2022Proposal vote started
Dec 07, 2022Proposal vote ended
Mar 02, 2026Proposal updated