[Frax] [FIP - 298] Deploy Fraxferry for sFRAX ( BSC )

Voting ended over 2 years agoFailed

Quorum: 10% veCLEV

Authors

Frax Core Team

Summary

Deploy a Fraxferry for sFRAX between Ethereum Mainnet and BSC, with the following details:

Parameter	Value
Ethereum Token address	0xA663B02CF0a4b149d2aD41910CB81e23e1c41c32 (sFRAX)
BSC 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 sFRAX between Ethereum Mainnet and BSC
Against: Do nothing.

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Timeline

Nov 13, 2023Proposal created

Nov 13, 2023Proposal vote started

Nov 15, 2023Proposal vote ended

Nov 15, 2023Proposal updated