Launch chain and multichain
We are currently planning to launch first on Matic/Polygon due to cheap gas fees.
We plan to rapidly expand to other chains including Avax, FTM and others.
Our multichain expansion requires:
AAVE or a fork to be on the chain since our strategies currently support safe AAVE or other money market or CDP based farming
A DEX
A Farms-as-a-Service provider
EVM compatible chains
Instead of mapping the tokens to each chain, which adds overhead and wait times due to third party bridges, we plan to launch a unique instance of Coconut on each chain.
This also has the upside of letting users that were late on one chain to be early on another. Evening the playing field and attracting more capital long-term.
In the future we can coalesce our total circulating TVL and make it a cross chain asset using a cross-chain-wrapped-$CoCo token that can be generated by staking the chains native wCoCo token with a price set by an off-chain oracle that compares prices across all the chains.
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