# \[FIP - 141\] Deploy Fraxferry for a new chain ( BSC )

**URL:** <https://gov.frax.finance/t/fip-141-deploy-fraxferry-for-a-new-chain-bsc/1961>\
**Category:** Fraxferry\
**Created:** [November 30, 2022, 8:48pm UTC](https://gov.frax.finance/t/fip-141-deploy-fraxferry-for-a-new-chain-bsc/1961 "2022-11-30T20:48:02Z")\
**Posts on this page:** 2\
**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 30, 2022, 8:48pm UTC](https://gov.frax.finance/t/fip-141-deploy-fraxferry-for-a-new-chain-bsc/1961/1 "2022-11-30T20:48:02Z")

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### 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](https://docs.frax.finance/fraxferry/overview).

## Proposal

- For: Deploy a Fraxferry between Ethereum Mainnet and Binance Smart Chain
- Against: Do nothing.

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<div class="post-metadata">

**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:** [December 5, 2022, 3:29am UTC](https://gov.frax.finance/t/fip-141-deploy-fraxferry-for-a-new-chain-bsc/1961/2 "2022-12-05T03:29:06Z")

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This proposal is up for voting here: [Snapshot](https://snapshot.org/#/frax.eth/proposal/0xaa0c47ea8b8ed36c8dc8924fd1747ab20ed8107b091eb4c89a97b6b9840c602f)
