# \[FIP - 136\] Deploy Fraxferry for a new chain ( Optimism )

**URL:** <https://gov.frax.finance/t/fip-136-deploy-fraxferry-for-a-new-chain-optimism/1943>\
**Category:** Fraxferry\
**Created:** [November 17, 2022, 9:03pm UTC](https://gov.frax.finance/t/fip-136-deploy-fraxferry-for-a-new-chain-optimism/1943 "2022-11-17T21:03:23Z")\
**Posts on this page:** 1\
**Page:** 1

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**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 17, 2022, 9:03pm UTC](https://gov.frax.finance/t/fip-136-deploy-fraxferry-for-a-new-chain-optimism/1943/1 "2022-11-17T21:03:23Z")

</div>

### Authors

Frax Core Team

## Summary

Deploy a Fraxferry between Ethereum Mainnet and Optimism, with the following details:

| Parameter | Value |
| --- | --- |
| Ethereum Fraxferry contract address | TBD |
| Optimism Fraxferry contract address | TBD |
| Ethereum Token address | 0x853d955aCEf822Db058eb8505911ED77F175b99e (FRAX) |
| Optimism 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 Optimism
- Against: Do nothing.