[FIP - 217] Deploy Fraxferry for sfrxETH ( Polygon )

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.

This proposal is up for voting here: Snapshot