[FIP - 147] Deploy Fraxferry for a new chain ( Boba )

Governance Proposals Fraxferry
1

Authors

Frank Z

Summary

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

Parameter Value
Ethereum Fraxferry contract address TBD
Boba Fraxferry contract address TBD
Ethereum Token address 0x853d955aCEf822Db058eb8505911ED77F175b99e (FRAX)
Boba 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 Boba
  • Against: Do nothing.
2

strong support this proposal

3

It’s a big yes from me too. Frax has already been on Boba before, but for whatever reason now has no bridges or ramps. What’s the point of pushing for yet more chains when we can’t guarantee that we won’t abandon existing ones?

4

This proposal is up for voting here: Snapshot