How should KogeCoin work on the MoonRiver chain?

With our recent DAO vote to go to the MoonRiver chain, the DAO decided that KogeFarm vaults will now be supported going forward on MoonRiver. But, we're not done yet.

As KogeFarm will soon support MoonRiver which puts us into that ecosystem, we now need to decide how far (if any more at all), we should go. We need to decide if we have a token on MoonRiver.

This vote is for three options in how (if at all) we should expand our KogeCoin brand to MoonRiver.

1. Do nothing. We simply keep adding more MoonRiver vaults to our yield-optimizing service.
2. Bridge the Polygon KogeCoin token over to MoonRiver. We keep the KogeCoin token but bridge it over to MoonRiver.
3. Mint new KogeCoin (moonKoge?) on MoonRiver 1:1 and use marketing funds for boosting, airdrops and partnerships to sell the new token.

Do Nothing

We have MoonRiver vaults on KogeFarm. Yay! We're done. No extra work on our part which gives us the opportunity to work on other projects. But should we?

Bridge KogeCoin to MoonRiver (Team-Approved)

We will bridge KogeCoin over to MoonRiver keeping the brand (and the token). This option is what the KogeFarm team approves. This option would consist of teaming up with a partner like AnySwap to support KogeCoin swaps across Polygon and MoonRiver.

Bridging the KogeCoin token has several benefits:

• Preserving the KogeCoin brand
• Continuing with our mission to maintain KogeCoin as a store of value on Polygon
• Less complication managing two separate tokens

However, it also has one major con; we'll need to figure out how much liquidity incentives to provide on MoonRiver (if any) which we have yet to do. If we decide to introduce liquidity incentives, this will likely reduce the KOGE-MATIC APR % to provide incentives for a new KOGE-MOVR farm.

Mint New Tokens

And finally, we have the option to mint new tokens on MoonRiver and airdrop them 1:1 to KogeCoin holders. Although possible, this option would require more work on our part to deliver technically. We'd then also have to manage and maintain another token on another chain adding complexity.

Minting new tokens would also split our community in half, force the team (and DAO) to decide how rewards would be provided to both holders, and marketing efforts would be split amongst the tokens.

So DAO, what are your thoughts?