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HourglassHourglassby0x092308e1DCDeCA61bF1153Dd92E15eD08E164982pitchdeployer.eth

[Frax] [FIP - 141] Deploy Fraxferry for a new chain ( BSC )

Voting ended over 3 years agoSucceeded

Authors

Frax Core Team

Summary

Deploy a Fraxferry between Ethereum Mainnet and Binance Smart Chain, with the following details:

Parameter Value
Ethereum Fraxferry contract address TBD
BSC Fraxferry contract address TBD
Ethereum Token address 0x853d955aCEf822Db058eb8505911ED77F175b99e (FRAX)
BSC 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 Binance Smart Chain
  • Against: Do nothing.

Off-Chain Vote

For
549.49 pitchFXS100%
Against
0 pitchFXS0%
Download mobile app to vote

Discussion

Hourglass[Frax] [FIP - 141] Deploy Fraxferry for a new chain ( BSC )

Timeline

Dec 05, 2022Proposal created
Dec 05, 2022Proposal vote started
Dec 09, 2022Proposal vote ended
Jan 05, 2024Proposal updated