# \[FIP - 263\] Deploy Fraxferry for sfrxETH ( Fantom )

**URL:** <https://gov.frax.finance/t/fip-263-deploy-fraxferry-for-sfrxeth-fantom/2450>\
**Category:** Fraxferry\
**Created:** [July 11, 2023, 1:20am UTC](https://gov.frax.finance/t/fip-263-deploy-fraxferry-for-sfrxeth-fantom/2450 "2023-07-11T01:20:43Z")\
**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:** [July 11, 2023, 1:20am UTC](https://gov.frax.finance/t/fip-263-deploy-fraxferry-for-sfrxeth-fantom/2450/1 "2023-07-11T01:20:43Z")

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### Authors

Frax Core Team

## Summary

Deploy a Fraxferry for sfrxETH between Ethereum Mainnet and Fantom, with the following details:

| Parameter | Value |
| --- | --- |
| Ethereum Token address | 0xac3E018457B222d93114458476f3E3416Abbe38F (sfrxETH) |
| Fantom 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](https://docs.frax.finance/fraxferry/overview).

## Proposal

- For: Deploy a Fraxferry for sfrxETH between Ethereum Mainnet and Fantom
- 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:** [July 13, 2023, 2:58pm UTC](https://gov.frax.finance/t/fip-263-deploy-fraxferry-for-sfrxeth-fantom/2450/2 "2023-07-13T14:58:21Z")

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This proposal is up for voting here: [Snapshot](https://snapshot.org/#/frax.eth/proposal/0x0506af3dca9cd567dff9c221a08ad85711b81284607cf59afd3a67a6bfc05930)