What Is Aavegotchi (GHST)?
Aavegotchi (GHST) serves as the governance token for the Aavegotchi NFT gaming ecosystem. GHST holders gain voting rights within the AavegotchiDAO, which manages the protocol's development, the Gotchiverse game, and Aavegotchi NFT collections.
These pixelated ghost NFTs feature dynamic metadata that evolves through user interactions. Each Aavegotchi's value depends on three key elements:
- Collateral Stake: Backed by yield-generating "aTokens" via Aave's lending protocol
- Traits: Determined by birth characteristics, kinship levels, and earned XP
- Wearables: Equippable items that enhance NFT attributes
The name combines "Aave" (Finnish for "ghost") with "gotchi," reflecting its integration with Aave's DeFi infrastructure while maintaining a playful gaming identity.
Who Are the Founders of Aavegotchi?
(Content expansion needed—awaiting details about founding team, their backgrounds, and project inception.)
How Does Aavegotchi Work?
The ecosystem operates through several interconnected components:
- GHST Utility: Used for governance, in-game purchases, and NFT minting
- Gotchiverse: A play-to-earn virtual world where NFTs gain functionality
- aToken Integration: NFTs generate yield through Aave-powered collateral
👉 Discover how Aavegotchi blends DeFi with NFT gaming
Unique Features of Aavegotchi
Three standout innovations differentiate this protocol:
- Yield-Bearing NFTs: First NFTs with built-in DeFi yield mechanisms
- DAO Governance: Community-controlled development roadmap
- Interoperable Wearables: Cross-compatible digital items that upgrade NFT attributes
Tokenomics: GHST Supply and Distribution
(Requires insertion of circulating supply data, max supply if applicable, and token distribution breakdown.)
Security Measures
The protocol employs:
- Aave's battle-tested smart contracts for collateral management
- Multi-sig wallets for treasury operations
- Regular audits of game contracts
Where to Buy GHST
Major exchanges listing GHST include:
- OKX
- Binance
- Uniswap
FAQ Section
Is Aavegotchi an NFT or cryptocurrency?
Both—GHST is the governance token, while Aavegotchis are yield-generating NFTs.
How do I earn with Aavegotchi?
Through NFT appreciation, staking rewards, and gameplay earnings in the Gotchiverse.
What blockchain hosts Aavegotchi?
Primarily Ethereum, with Layer 2 solutions for scalability.
Can I trade Aavegotchi wearables?
Yes, wearables function as standalone ERC-1155 tokens.
How does kinship affect NFT value?
Higher kinship increases an Aavegotchi's earning potential and rarity.