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.