Authors
Frax Core Team
Summary
Deploy a Fraxferry for sfrxETH between Ethereum Mainnet and Polygon, with the following details:
| Parameter | Value |
|---|---|
| Ethereum Token address | 0xac3E018457B222d93114458476f3E3416Abbe38F (sfrxETH) |
| Polygon Token address | TBD |
| MIN_WAIT_PERIOD_ADD | 1 hour |
| MIN_WAIT_PERIOD_EXECUTE | 23 hours |
Background and Motivation
Fraxferry aims to simplify the cross-chain bridging issue for assets, making it easier to deploy Frax-related tokens 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 for sfrxETH between Ethereum Mainnet and Polygon
- Against: Do nothing.