Aavegotchi (GHST) is a non-fungible token for decentralized finance which runs on the Aave protocol. Generally, it has been seen as an NFT game but it is far beyond that, giving its players to use their Gotchis as collateral and also earn interest that is reachable in real-time.
Aavegotchi (GHST) is a non-fungible token for decentralized finance which runs on the Aave protocol.
Aave is a decentralized non-custodial liquidity market protocol where users can participate as depositors or borrowers.
Aavegotchi was founded by Pixelcraft Studios in 2020 by a team that has a strong background and vast experience with DeFi and NFTs.
So, Aavegotchi and its tokens are beyond NFTs and game collectibles Because Gotchis can be used as collateral, players can also earn interest that is reachable in real-time.
But before these, Aavegotchi is an NFT game in which players can purchase and grow Aavegotchi’s token to explore and interact with Aavegotchi’s digital universe.
Gotchi as the token which is an avatar is a digital asset that has unique features.
Features like experience, rarity, uniqueness as well as loyalty bring rewards to users .
Gotchi avatars are also valuable as in-game collectibles, which are generated from the general buying and selling of accessories on the network .
To play Aavegotchi, users must have ETH to purchase GHST and connect to the Aavegotchi .
Aavegotchi’s value is derived from its technical capacity, technology, and utility.
And now stands at $1.48 with $76,121,508 market cap and $27,445,297 volume.