Aavegotchi Community Update #2

3 min readJul 22, 2020

Hi frens! It’s been an action-packed week here at the Aavegotchi Headquarters.

Read the highlights below, and if that’s not enough, keep reading for a deep dive!


  • Nick Mudge, author of the Diamond Standard, and co-author of the ERC998 Composables Standard, has joined our team as a Solidity Smart Contract advisor.
  • Coder Dan and GldnXross chatted with John Light from Aragon about using Aragon’s fundraising template for upcoming DAICO sale of $GHST👻
  • New graphics released showing $LEND, $LINK, and $SNX collaterals staked into Aavegotchis!
  • Based on community feedback, suggestions from Aave, and internal discussion, simplified the method of claiming Aavegotchis from portals.

Nick Mudge joins the Aavegotchi team as Solidity smart contract advisor 🚀

Nick has extensive experience developing and auditing smart contracts, and he co-authored the ERC998 Composables standard that we’ll be using for Aavegotchi wearables.

ERC998 Composables allow ERC721 to hold other NFTs, which will allow our Aavegotchis to equip funny hats, swords, and many other items. It’s turtles all the way down, folks.

Want to be an advisor to Aavegotchi? DM us from the Aavegotchi Discord and shill us your skillz.

Coder Dan and Gldnxross chatted with John Light from Aragon about using Aragon’s fundraising 💰

Those following chat in the Discord know that we are deciding on a DAO platform to hold our upcoming DAICO token sale of $GHST.

Aragon has been one of our top choices for a while, given their proven track record, intuitive UI, and extensive collection of DAO-apps. Our discussion with John answered many questions we had about the process.

At the same time, DAOStack has reached out to us, and we’ve scheduled a meeting to learn more about launching a DAICO on DAOStack.

What do you guys think? Aragon? DAOStack? MolochDAO??
Tell us in the chat!

New graphics released showing $LEND, $LINK, and $SNX collaterals staked into Aavegotchis 👀

Our Chief Visionary Xibot has been hard at work cooking up pixel magic, and this week he delivered, among many other things, initial mockups of $LEND, $LINK, and $SNX logos embedded into the Aavegotchi third eye.

What other tokens are you excited to stake in your Aavegotchi?

Simplified the process of summoning an Aavegotchi 👻

Originally, Aavegotchis would be unlocked by staking aToken collateral and accruing interest. However, given the unreliable nature of interest (what if it goes negative??) this week we have decided to remove the interest requirement. Instead, Aavegotchis can be unlocked simply by staking collateral, which will vary depending on the rarity of the Aavegotchi’s traits.

aToken interest will still be used in lots of fun and exciting ways, such as prizes for competing in mini-games. We just don’t think it’s wise to tie a core game mechanic to such an unstable element 💣👻💥

Aavegotchi Roadmap 🛣

We are still on track to launch our DAICO token sale of $GHST in mid-late August 🚀

This week we discussed potential token economics of $GHST with Lisa Tay, a token economics designer.

Smart contracts should be delivered in late August/early September, and will undergo a full audit before being deployed to Mainnet.

(Audits are expensive…hence the DAICO)

When whitepaper sir?

One-pagers that cover essential Aavegotchi details should be available by next week. We’re also working on a lite-paper that covers in-depth more of the game mechanics.

Wanna get involved?

We will need some beta testers for the testnet launch.
Wanna be an early owner of Aavegotchi?

Stay tuned, we’ll be launching a Beta Testers mailing list very soon.

That’s it for this week’s update! Until next time…

Stay spooky fam,
Aavegotchi team

oh what’s this? Aavegotchi swag??? omgiwantone 😍




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