Where should we go cross-chain first?

KogeFarm's vaults/auto-compounding service has been proven on the Polygon network since May 2021. As part of our roadmap, https://koge.gitbook.io/kogefarm/roadmap, we'd like to expand our service to other networks by going cross-chain.

The goal, of course, is to eventually cover all (feasible) chains. The team has been discussing what chain we'd like to expand to first, and we believe we should go to MoonRiver or Fantom. These chains are EVM compatible - so our current contract templates can be used. Furthermore, they have very cheap gas, so there is little to modify in terms of business model or harvesting processes.

If approved, we could potentially have those vaults up and running within the next week or two, rather than the end of year timeline many people appear to be expecting. These would then serve as a testbed for further expansion into chains where more modification is necessary.

The case for MoonRiver

1. Fast-growing - Moonriver had $20 million TVL just two weeks ago when it launched. Today, they have ~$130 million in yield farming alone, with $90 million in TVL at SolarBeam and $42 million in TVL at MoonFarm. Sushi is planning to go over as well: https://app.boardroom.info/sushi/proposal/cHJvcG9zYWw6c3VzaGk6ZGVmYXVsdDpxbXVmdWoxcnBwbng0YXZ2c3F6Y254a2djcTF1ZzVua2l4dzFuY3E0eWd2NDVo.
2. First mover advantage - Moonriver does not currently have any established auto-compounding service. There are some upstarts but they do not have an established reputation from other chains and have not yet taken off. We will be one of the first.
3. Future integration with the Polkadot ecosystem - MoonRiver is a blockchain on Kusama, Polkadot's canary network. Once we deploy on MoonRiver, it'd put us in a natural position to also launch on MoonBeam on Polkdadot. Polkadot is a layer 0 blockchain made by an ETH co-founder, Dr. Gavin Wood, with a lot of potential.

The case for Fantom

1. Higher current TVL - according to DefiLlama, Fantom has a $2 billion TVL, and it is fast growing. Beefy alone has a $187 million share.
2. More users - more of our users seem to have mentioned Fantom as one of the other chains they're on.

The drawbacks are the opposites of advantages. For MoonRiver, it is its relatively low TVL. For Fantom, it is that many auto-compounders are there already (Beefy, AutoFarm, Eleven).

Wherever we expand, we will make sure the the economic value of it goes to KogeCoin holders. We will hold a vote later to decide on the precise way it happens - either through bridging the token over, or by airdropping a new "mvrKoge" or "ftmKoge" 1:1 to existing KogeCoin holders. For now, we just need to decide on a chain.

What do you say DAO? Where should we venture to as our first chain outside of Polygon?