# CP80: Registering Frax token and allowing trading Frax \<\> USDC **URL:** \ **Category:** Proposals\ **Tags:** cp3, passed, 2024, frax, usdc\ **Created:** [December 20, 2023, 10:28pm UTC](https://gov.centrifuge.io/t/cp80-registering-frax-token-and-allowing-trading-frax-usdc/5910 "2023-12-20T22:28:36Z")\ **Posts on this page:** 9\ **Page:** 1
**Author:** ![ImdioR](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/imdior/32/1011_2.png) [@ImdioR](https://gov.centrifuge.io/u/ImdioR)\ **Post date:** [December 20, 2023, 10:28pm UTC](https://gov.centrifuge.io/t/cp80-registering-frax-token-and-allowing-trading-frax-usdc/5910/1 "2023-12-20T22:28:36Z")
Good day, Community! This is an emergency Uses component: CP3.1 Author(s): @mustermeiszer @WilliamFreude Proposal on Proposal Repository (Github): [CP80](https://github.com/centrifuge/cps/blob/main/cps/CP80.md) Date proposed: 2024-12-21 ### About this proposal This proposal will register Frax token in the register and will allow trading between Frax \> USDC and USDC \> Frax. ## List of content: - register the `FRAX` token in the registry - add trading pairs for `FRAX` \<\> `USDC` ### Detailed description of each content: - Registering the `Frax`: `0x9800120000003c4c5020577261707065642046524158184c70465241580080c6a47e8d030000000000000000000103000304670907040300853d955acef822db058eb8505911ed77f175b99e020000010104a5860100` - Allow trading `Frax` \> `USDC` : `0x6c0404a5860100040600000040420f00000000000000000000000000` - Allow trading `USDC` \> `Frax` : `0x6c04040600000004a5860100000064a7b3b6e00d0000000000000000` Pre-image: `0xe39871b21dc08b74bffac18610e63fa1176d1bde1d4786cdf1a9b7ee38f28bad` * * * ## Governance process for this proposal 1. Council Motion + fast-track 2. Referendum vote open for 21,600 blocks (~ 3 days) 3. If the referendum passes: the enactment will be immediately after > **** > > Click here to see > > ![image](https://europe1.discourse-cdn.com/flex013/uploads/centrifuge1/original/2X/a/ab5e5321c308d3ca0e8b13ae8382fa72616480f7.png) > > ![image](https://europe1.discourse-cdn.com/flex013/uploads/centrifuge1/original/2X/3/3f00ab33bae3b7b9a4192e93b82186412d912530.png) > > ![image](https://europe1.discourse-cdn.com/flex013/uploads/centrifuge1/original/2X/0/0a6aa59898d84694c4ae0544e5bad7fad70cdf27.png) ---
**Author:** ![ImdioR](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/imdior/32/1011_2.png) [@ImdioR](https://gov.centrifuge.io/u/ImdioR)\ **Post date:** [December 20, 2023, 10:40pm UTC](https://gov.centrifuge.io/t/cp80-registering-frax-token-and-allowing-trading-frax-usdc/5910/2 "2023-12-20T22:40:48Z")
A Council Motion 79 has been just submitted: Councillors, please vote on this motion: 🗳 Vote in the portal: [Registering Frax token and allowing trading Frax \<\> USDC](https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Ffullnode.centrifuge.io#/council/motions) 🗳 Vote on SubSquare [Registering Frax token and allowing trading Frax \<\> USDC](https://centrifuge.subsquare.io/council/motions/79) @branan @thespaceacatjr @cassidy @lucasvo @vedhavyas @mikiquantum @Yarosl6 @prankstr25 ![image](https://europe1.discourse-cdn.com/flex013/uploads/centrifuge1/original/2X/8/81aef53681c225b27d090d07098bd2ac9247f02b.png) Thank you ---
**Author:** ![ImdioR](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/imdior/32/1011_2.png) [@ImdioR](https://gov.centrifuge.io/u/ImdioR)\ **Post date:** [December 25, 2023, 9:51am UTC](https://gov.centrifuge.io/t/cp80-registering-frax-token-and-allowing-trading-frax-usdc/5910/3 "2023-12-25T09:51:17Z")
21 hrs left to the end of CM79: [Registering Frax token and allowing trading Frax \<\> USDC](https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Ffullnode.centrifuge.io#/council/motions) Centrifuge Councillors , please vote on this motion! @cassidy, @lucasvo, @branan, @mikiquantum, @vedhavyas ---
**Author:** ![ImdioR](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/imdior/32/1011_2.png) [@ImdioR](https://gov.centrifuge.io/u/ImdioR)\ **Post date:** [December 25, 2023, 11:14am UTC](https://gov.centrifuge.io/t/cp80-registering-frax-token-and-allowing-trading-frax-usdc/5910/4 "2023-12-25T11:14:42Z")
Council Motion 79 was closed and now become a Referendum 45: ![image](https://europe1.discourse-cdn.com/flex013/uploads/centrifuge1/original/2X/b/b94aa1b33ddc2e51cb05e28dc6a13e0bcda3d33a.png) Referendum vote will be open for 21,600 blocks (~ 3 days) 🗳 Vote in the portal: [CP81: Registering Frax token and allowing trading Frax \<\> USDC](https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Frpc-centrifuge.luckyfriday.io#/democracy) 🗳 Vote on SubSquare: [CP81: Registering Frax token and allowing trading Frax \<\> USDC](https://centrifuge.subsquare.io/democracy/referenda/45) Please vote on the referendum. Thank you! * * * Update: 29.12.2023 Referendum 45 has failed to pass. ![image](https://europe1.discourse-cdn.com/flex013/uploads/centrifuge1/original/2X/3/3a8f0a2a79df7967fda721dd177990dc69cbcffa.png) ---
**Author:** ![ImdioR](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/imdior/32/1011_2.png) [@ImdioR](https://gov.centrifuge.io/u/ImdioR)\ **Post date:** [December 25, 2023, 11:50am UTC](https://gov.centrifuge.io/t/cp80-registering-frax-token-and-allowing-trading-frax-usdc/5910/5 "2023-12-25T11:50:52Z")
Good day everyone! Unfortunately the Council Motion 79 was submitted with wrong hash from previos [CP78:Runtime Upgrade 1024](https://gov.centrifuge.io/t/cp78-runtime-upgrade-1024/5876) that was already voted on: Incorrect - `0xe1891b62b9355ba27577c1799e1ca638f13f8bf0ab5de530be21a5affeacceda` Correct - `0xe39871b21dc08b74bffac18610e63fa1176d1bde1d4786cdf1a9b7ee38f28bad` - **Please vote Nay on this Referendum.** The Council Motion will be resubmitted with the correct parameters soon. Thank you. ---
**Author:** ![ImdioR](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/imdior/32/1011_2.png) [@ImdioR](https://gov.centrifuge.io/u/ImdioR)\ **Post date:** [December 26, 2023, 8:43pm UTC](https://gov.centrifuge.io/t/cp80-registering-frax-token-and-allowing-trading-frax-usdc/5910/6 "2023-12-26T20:43:34Z")
Good evening! A new Council Motion 80 ( resubmission) was just submitted with the correct parameters! Hash: `0xd06bddffea46ec01e46dd81307d920f923731b9c4b298685ce4cea557e314ae3` Pre-image: `0xe39871b21dc08b74bffac18610e63fa1176d1bde1d4786cdf1a9b7ee38f28bad` The Council Motion 80 is now live. Councillors, please vote on this motion: 🗳 Vote in the portal: [Registering Frax token and allowing trading Frax \<\> USDC](https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Ffullnode.centrifuge.io#/council/motions) 🗳 Vote on SubSquare [Registering Frax token and allowing trading Frax \<\> USDC](https://centrifuge.subsquare.io/council/motions/80) @branan @thespaceacatjr @cassidy @lucasvo @vedhavyas @mikiquantum @Yarosl6 @prankstr25 Thank you ---
**Author:** ![ImdioR](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/imdior/32/1011_2.png) [@ImdioR](https://gov.centrifuge.io/u/ImdioR)\ **Post date:** [December 28, 2023, 10:43am UTC](https://gov.centrifuge.io/t/cp80-registering-frax-token-and-allowing-trading-frax-usdc/5910/7 "2023-12-28T10:43:44Z")
GM Centrifuge Token Holders! Council Motion 80 was closed and now become a Referendum 46: ![image](https://europe1.discourse-cdn.com/flex013/uploads/centrifuge1/original/2X/8/8f72fd418a58399a66b4690bb89f2e71978b8fc8.png) Referendum vote will be open for 21,600 blocks (~ 3 days) 🗳 Vote in the portal: [CP81: Registering Frax token and allowing trading Frax \<\> USDC](https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Frpc-centrifuge.luckyfriday.io#/democracy) 🗳 Vote on SubSquare: [CP81: Registering Frax token and allowing trading Frax \<\> USDC](https://centrifuge.subsquare.io/democracy/referenda/46) Please vote on the referendum. Thank you! ---
**Author:** ![ImdioR](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/imdior/32/1011_2.png) [@ImdioR](https://gov.centrifuge.io/u/ImdioR)\ **Post date:** [December 31, 2023, 5:00pm UTC](https://gov.centrifuge.io/t/cp80-registering-frax-token-and-allowing-trading-frax-usdc/5910/8 "2023-12-31T17:00:02Z")
Good day, Community! [Referendum 46](https://centrifuge.subscan.io/referenda/46) has successfully passed. ![Screenshot_2023-12-31-17-59-29-278-edit_com.android.chrome](https://europe1.discourse-cdn.com/flex013/uploads/centrifuge1/original/2X/2/271863782e6b73dc7f0311835421bd731f0d1175.jpeg) Thanks, everyone for participating. ---
**Author:** ![ImdioR](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/imdior/32/1011_2.png) [@ImdioR](https://gov.centrifuge.io/u/ImdioR)\ **Post date:** [June 21, 2024, 10:14pm UTC](https://gov.centrifuge.io/t/cp80-registering-frax-token-and-allowing-trading-frax-usdc/5910/9 "2024-06-21T22:14:16Z")