Aavegotchi (GHST)

What is Aavegotchi Crypto Currency? Aavegotchi (GHST) is a decentralized, non-fungible token (NFT) ecosystem built on the Ethereum blockchain. Aavegotchi is a project created by Aave, a DeFi protocol and the original Aavegotchi DeFi game utilizing a type of NFT called “Aavegotchis” to enable users to interact in an engaging and profitable way with each other, DeFi, and Aave’s native tokens, Aave and LEND. The goal of Aavegotchi is to create an open, extensible, and interactive universe of digital collectibles that add new dimensions of interactivity and utility to the DeFi ecosystem. Who Founded Aavegotchi Crypto Currency? Aavegotchi was founded by a group of decentralized finance enthusiasts thought leaders. These include Aave founder Stani Kulechov, and the Aave team, which consists of developers and designers from Plaid, Kyber Network, and MakerDAO. In addition, the project also has a strong community of token holders, developers and business partners who are helping to shape the future of the Aave ecosystem. What Makes it Unique? Aavegotchi is the first DeFi-based NFT ecosystem that is integrated with Aave’s liquidity and protocol tokens. This means users can use Aavegotchis as collateral for loans and earn interest on their holdings. Furthermore, Aavegotchis can be used to unlock associated rewards and value related to the Aavenomics system. By holding Aavegotchis and participating in various activities on the platform, users are able to accumulate rewards such as GHST tokens, which can then be used to purchase more Aavegotchis. Where is Aavegotchi Crypto Currency Used? Aavegotchis are used in the Aavegotchi DeFi gaming platform, which is available on both the web and iOS and Android devices. The platform enables users to build and customize their own Aavegotchis, compete against each other for rewards, and trade Aavegotchis against each other in auctions. Additionally, Aavegotchis can be staked by users as collateral in Aave’s DeFi protocols, and rewards can be earned by participating in activities such as composing stories or forecasting Aave-related outcomes. Where to Buy/ Sell Aavegotchi Crypto Currency? Aavegotchis can be purchased and sold on the Ethereum blockchain via decentralized exchanges (DEXs) such as Uniswap and Sushiswap. They can also be purchased with Ethereum (ETH) on decentralized finance (DeFi) marketplaces such as Balancer, Aave, and Curve. In addition, Aavegotchis can also be purchased directly with fiat currencies on some centralised exchanges such as Binance and Huobi Global.