How will KogeFarm provide liquidity and reward $KOGECOIN stakers on Fantom?

This is a proposal from the Koge team.

KogeFarm recently added support for Fantom vaults and has partnered with AnySwap to bridge KogeCoin over to Fantom. We must now decide how to begin building KogeCoin's presence on Fantom. More specifically, we need to figure out how we're going to provide liquidity and incentivize $KOGECOIN stakers on Fantom.

DeX Liquidity

We would like to partner with a popular DeX on Fantom called SpiritSwap to provide liquidity for $KOGECOIN and to help gain KogeCoin traction on Fantom.

We intend to create a $KOGECOIN-$FTM liquidity pool on SpiritSwap for a start at liquidity on Fantom. We would also like to partner with SpiritSwap.

SpiritSwap requires payment of $10,000 in $KOGECOIN that we'd like to spend from the marketing wallet. This $10K in $KOGECOIN will get us whitelisted on SpiritSwap and SpiritSwap will distribute that $10K in $KOGECOIN as rewards to $INSPIRIT holders.

After some intense negotiation, SpiritSwap has agreed to provide KogeFarm with a number of $SPIRIT tokens we intend to boost our current vaults with. We intend to use these rewards for boosting KogeFarm vaults later.

Incentivizing Fantom KogeCoin Stakers

We also plan to create two Fantom farms on KogeFarm; $KOGECOIN-$FTM and $KOGECOIN. To incentivize stakers, we'd like to change how we reward Polygon $KOGECOIN-$MATIC and $KOGECOIN for emissions.

We'd like to move 1/3 of ongoing emissions to the Fantom $KOGECOIN-$FTM and Fantom $KOGECOIN farms. We picked 1/3 because currently 33% of our total non-$KOGECOIN KogeFarm TVL is wrapped up in Fantom.

We believe that 1/3 is a more than fair offer that will legitimize $KOGECOIN on Fantom to provide a foundation for further growth.

With this 1/3 emissions move, our Polygon $KOGECOIN-$MATIC and $KOGECOIN farms would decrease emissions by ~33% with the 33% going to both Fantom $KOGECOIN farms.

End Benefits

We believe that moving some $KOGECOIN over to Fantom will benefit the project by:

1. Awareness - Those on Fantom that have never heard of $KOGECOIN will do so. SpiritSwap will announce the whitelist and the rewards to $INSPIRIT holders will only increase awareness. The more people we can get in front of $KOGECOIN/KogeFarm the better!
2. More yield - By using the $SPIRIT rewards we receive from this deal, KogeFarm users will benefit from increased yield through vault boosting!
3. More liquidity - Fantom-native users can now buy $KOGECOIN providing a higher chance of $KOGECOIN gaining in popularity and rising the price.
4. Growth - To grow $KOGECOIN/KogeFarm, we need to scale laterally. This means not only adding multi-chain vaults by natively being where other users are. The more places we exist, the faster we'll grow.