This is great and am looking forward to v4. Agreed, I dont no reason why DYDX shouldnt be the L1 token on the chain.
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For wethDYDX, I only foresee the protocol wanting to keep the Ethereum version of it solely for the endorsed delegates unless there has been ideas on auth z that are already in the works. More of this can be found in previous discussions.
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As for working groups on the migration, if the token bridge has not been decided, I have set up a similar post for consideration in the past : Bridging to v4. A working group to study followed by a vote will be great.
If possible, itd be great to discuss on why the bridge is only ‘one-way’ for DYDX tokens from ETH → DYDX Chain as well.