Author
JustYap
Summary
Deploy a Fraxferry between Ethereum Mainnet and Evmos, with the following details:
Parameter | Value |
---|---|
Ethereum Fraxferry contract address | TBD |
Evmos Fraxferry contract address | TBD |
Ethereum Token address | 0x853d955aCEf822Db058eb8505911ED77F175b99e (FRAX) |
Fantom 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 Evmos
- Against: Do nothing.