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FraxFraxby0xc3d6f21c79C2567A1858d8b93a4EDBD9dB399d9dnader

[FIP - 149] Deploy Fraxferry for a new chain ( Moonriver )

Voting ended about 3 years agoSucceeded

Authors

zhoux_666

Summary

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

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

Off-Chain Vote

For
5.65K FXS0.1%
Against
9.89M FXS99.9%
Quorum:138%
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Timeline

Dec 20, 2022Proposal created
Dec 20, 2022Proposal vote started
Dec 25, 2022Proposal vote ended
Mar 02, 2026Proposal updated