[Frax] [FIP - 217] Deploy Fraxferry for sfrxETH ( Polygon )

Voting ended about 3 years agoSucceeded

Quorum: 10% veCLEV

Authors

Frax Core Team

Summary

Deploy a Fraxferry for sfrxETH between Ethereum Mainnet and Polygon, with the following details:

Parameter	Value
Ethereum Token address	0xac3E018457B222d93114458476f3E3416Abbe38F (sfrxETH)
Polygon Token address	TBD
MIN_WAIT_PERIOD_ADD	1 hour
MIN_WAIT_PERIOD_EXECUTE	23 hours

Background and Motivation

Fraxferry aims to simplify the cross-chain bridging issue for assets, making it easier to deploy Frax-related tokens 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 for sfrxETH between Ethereum Mainnet and Polygon
Against: Do nothing.

Off-Chain Vote

For

2.85K veCLEV100%

Against

0 veCLEV0%

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Timeline

Apr 10, 2023Proposal created

Apr 10, 2023Proposal vote started

Apr 12, 2023Proposal vote ended

Oct 26, 2023Proposal updated