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FraxFraxby0xE3EC8C61f291a1834d08709Ec93a47a3886C0ED2bjoerk.eth

Do preliminary research to port/implement/bridge FRAX to the Casper Network

Voting ended over 4 years agoSucceeded

Casper Network is a young and developer friendly Layer 1. It builds on the Casper CBC research, and is future proof. Meaning that the protocol is more easily upgradable in the future (pluggable). Casper Network can be compared to the future ETH 3.0 upgrade, and should not go unnoticed by the developers of the Ethereum community.

I believe there is a strong likelihood for the Casper Network to be a top tier coin, as it is made to facilitate all levels of enterprise and public adaption, while also remaining true to the values of decentralization and security. Due to the youth of the Casper Network, the network has yet to get a stable coin developed on the platform. FRAX would stand to gain a large first/early mover advantage on Casper Network, would we implement/bridge the protocol over.

This proposal is made to make the team do necessary research about and around the network, and give a short report (1-3 pages) on if/if not they see value in such a implementation/bridge.

In the report, there should be information about: DEVxDAO* funding possibilities for FRAX bridge/implementation The potential of the Casper Network technology (if my statements are true) Casper Network as an FRAX expansion opportunity Notes on Casper Network Community Values comparison between FRAX and Casper Network

*DEVxDAO is a DAO created for supporting developers/DAOs create opensource and decentralized products. There is a possibility the FRAX Community can get funded for creating a stable coin and ecosystem on the Casper Network.

Extra notes: A solidity compiler is being built and is soon deployed for use on the Casper Network. The main building language of the Casper Network is Rust.

Easy-to-read resources: https://ghoststaking.com/category/commentary/ https://www.banklesstimes.com/2021/08/23/casper-labs-is-bringing-blockchain-to-the-enterprise/

Other resources: https://casper.network/en/network https://caspernetwork.readthedocs.io/en/latest/ (Documentation) https://arxiv.org/pdf/2101.02159.pdf (Whitepaper) https://www.devxdao.com/ https://portal.devxdao.com/public-proposals

Off-Chain Vote

Do research
1.12M 83%
Do nothing
229.42K 17%
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Timeline

Oct 23, 2021Proposal created
Oct 23, 2021Proposal vote started
Oct 25, 2021Proposal vote ended
Oct 17, 2025Proposal updated