# \[FIP - 385\] Deploy Fraxferry for a new chain ( TRON )

**URL:** <https://gov.frax.finance/t/fip-385-deploy-fraxferry-for-a-new-chain-tron/3169>\
**Category:** Fraxferry\
**Created:** [July 16, 2024, 4:26pm UTC](https://gov.frax.finance/t/fip-385-deploy-fraxferry-for-a-new-chain-tron/3169 "2024-07-16T16:26:50Z")\
**Posts on this page:** 3\
**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 16, 2024, 4:26pm UTC](https://gov.frax.finance/t/fip-385-deploy-fraxferry-for-a-new-chain-tron/3169/1 "2024-07-16T16:26:50Z")

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### Authors

Frax Core Team

## Summary

Deploy Fraxferry for sFRAX, FRAX, FXS between Fraxtal and TRON, with the following details :

 ![](https://canada1.discourse-cdn.com/flex031/uploads/frax1/original/2X/4/406e5924628a7084a23d008980eb0381da80ec8b.png)

## Background and Motivation

The TRON public chain, a decentralized blockchain network based on the Tron protocol, has served as the core of the Tron ecosystem since its launch on June 25th, 2018. TRON has become a significant player in the stablecoin market, with a total value locked (TVL) reaching an all-time high of $58 billion ( [DefiLlama](https://defillama.com/stablecoins/Tron) ), primarily driven by USDT. The absence of both stablecoin alternatives and USD yield-bearing assets on TRON presents a great opportunity for FRAX and sFRAX to shine in this market. FRAX can offer a stable, decentralized alternative to USDT, while sFRAX can meet the demand for yield-bearing assets, providing users with more options for earning returns on their holdings.

Fraxferry aims to simplify the cross-chain bridging issue for assets, making it easier to deploy Frax-related tokens on other chains. Frax Ferry 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 Fraxferry for sFRAX, FRAX, FXS between Fraxtal and TRON

- Against: Do nothing.

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**Author:** ![SSJ2\_Spartan](https://yyz1.discourse-cdn.com/flex031/user_avatar/gov.frax.finance/ssj2_spartan/32/1596_2.png) [@SSJ2\_Spartan](https://gov.frax.finance/u/SSJ2_Spartan)\
**Post date:** [July 17, 2024, 11:36pm UTC](https://gov.frax.finance/t/fip-385-deploy-fraxferry-for-a-new-chain-tron/3169/3 "2024-07-17T23:36:00Z")

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I think this a great idea! Getting a Frax Ferry into Tron will help deepen the $FRAX liquidity on a chain that dominates stablecoin transaction. I also think the Frax community should look for partnerships with the Tron DAO to help amplify our efforts on Tron.

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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 22, 2024, 9:03pm UTC](https://gov.frax.finance/t/fip-385-deploy-fraxferry-for-a-new-chain-tron/3169/4 "2024-07-22T21:03:30Z")

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This proposal is up for voting here: [Snapshot](https://snapshot.org/#/frax.eth/proposal/0xccdbe736cd70ba9e736eabec93505d61c1750765c8d2b0e8a0a562865bab964f)