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HourglassHourglassby0x092308e1DCDeCA61bF1153Dd92E15eD08E164982pitchdeployer.eth

[Frax] [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
3.29K pitchFXS100%
Against
0 pitchFXS0%
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Discussion

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

Timeline

Jan 09, 2023Proposal created
Jan 09, 2023Proposal vote started
Jan 10, 2023Proposal vote ended
Jan 05, 2024Proposal updated