Ghst is on the contract and has reached the top of the gain list. 1. Technical features
Aavegotchi has three properties that determine its overall rarity and value, including:
Spirit Force: Each Aavegotchi NFT manages a custodial contract address that holds ERC-20 collateral supported by Aave, called Spirit Force, and its collection is represented by aToken. aToken is an interest-bearing derivative token that is minted and destroyed when collateral is deposited and redeemed.
Features: Aavegotchis can have a variety of features. These features affect their rarity, performance in mini-games, and the wearable equipment they can equip. Some features are randomly generated at birth, while others depend on the user's interaction with the Aavegotchis.
Wearable equipment: In addition to managing aToken, Aavegotchis can also manage sub-level ERC-721 or ERC-1155 NFT assets, which are called wearable equipment in the Aavegotchi ecosystem. Some wearable equipment can increase or decrease certain features of Aavegotchi.
2. Incentive mechanism
1. Each Aavegotchi NFT manages a custody contract address, which holds ERC20 collateral supported by Aave, that is, atoken. Atoken is generated through Aave's lending pool and can generate income. The atoken in the Aavegotchi custody address will increase over time
2. Users can obtain FRENS points by staking GHST or GHST-ETHLP, and then exchange FRENS points for ERC1155 raffle tickets of different rarities in the Aavegotchi store, which can be traded in the market. Raffle tickets can be used to participate in
raffles held regularly on the Aavegotchi mainnet, and the prizes are vouchers for Aavegotchi wearable devices.
3. Value judgment
GHST, as the token of Aavegotchi, is currently used for governance, staking and payment. The value support of GHST lies in the sale of the official joint curve and the interest generated by Aave lending. At present, the development of the project depends on the development of the Aave platform. Various aTokens deposited in the Aave ecosystem will be locked into Aavegotchi, which will increase the locked assets. In addition, the team is exploring other possible ways to interact with Aave.
