# \[FIP - 132\] Deploy Fraxferry for a new chain ( Moonbeam ) **URL:** \ **Category:** Fraxferry\ **Created:** [November 9, 2022, 5:50pm UTC](https://gov.frax.finance/t/fip-132-deploy-fraxferry-for-a-new-chain-moonbeam/1928 "2022-11-09T17:50:12Z")\ **Posts on this page:** 2\ **Page:** 1
**Author:** ![nader.frax](https://yyz1.discourse-cdn.com/flex031/user_avatar/gov.frax.finance/nader.frax/32/1849_2.png) [@nader.frax](https://gov.frax.finance/u/nader.frax)\ **Post date:** [November 9, 2022, 5:50pm UTC](https://gov.frax.finance/t/fip-132-deploy-fraxferry-for-a-new-chain-moonbeam/1928/1 "2022-11-09T17:50:12Z")
### Authors Frax Core Team ## Summary Deploy a Fraxferry between Ethereum Mainnet and Moonbeam, with the following details: | Parameter | Value | | --- | --- | | Ethereum Fraxferry contract address | TBD | | Moonbeam Fraxferry contract address | TBD | | Ethereum Token address | 0x853d955aCEf822Db058eb8505911ED77F175b99e (FRAX) | | Moonbeam 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](https://docs.frax.finance/fraxferry/overview). ## Proposal - For: Deploy a Fraxferry between Ethereum Mainnet and Moonbeam - Against: Do nothing. ---
**Author:** ![nader.frax](https://yyz1.discourse-cdn.com/flex031/user_avatar/gov.frax.finance/nader.frax/32/1849_2.png) [@nader.frax](https://gov.frax.finance/u/nader.frax)\ **Post date:** [November 14, 2022, 3:48pm UTC](https://gov.frax.finance/t/fip-132-deploy-fraxferry-for-a-new-chain-moonbeam/1928/2 "2022-11-14T15:48:38Z")
This proposal is up for voting here: [Snapshot](https://snapshot.org/#/frax.eth/proposal/0x29a57f42e2d4402f73af614d03bddae902962d8d07a61875cad06e748e0472ad)