Due to the high gas fees on our contract, Bao intends to build a V2 that integrates a Layer 2 (L2) , ideally a L2 system that can have multi-chain/ecosystem support.
Currently we are building on xDAI as outlined here: https://thebaoman.medium.com/bao-v2-the-journey-86dab5a203de
Our V3 (actual synthetic products) will include muliti-chain support for BSC (With our franchise Panda), xDAI and other EVM chains (Serum/Solana, Avalanche, etc.) via bridges.
The primary contract and token will still be on Ethereum and users will always be able to interact directly with the solely Ethereum contracts if they wish.