Aavegotchi Community Update #9

This Week’s Updates

  • Aavegotchi GHST Token launched on Mainnet this week! Almost 7mil DAI deposited into reserves, as of this post
  • GHST token held by over 2000 unique addresses
  • AavegotchiDAO Genesis (V1.0) live on Mainnet
  • This week’s Mission: Just DAO it!
  • Development update: Journey to Mainnet w/ the Diamond Standard
  • Around the Block — Aavegotchi in the News
Launch night in the Discord chat

Aavegotchi GHST Token launched on Mainnet this week! Almost 7mil DAI deposited into reserves, as of this post

After months of preparation, the Aavegotchi core team finally summoned GHST token into existence on Monday, September 14 at 9:36PM SGT time, in block 10860423 of the Ethereum Mainnet.

GHST token held by over 2000 unique addresses

Fair distribution has lately become a buzzword in the DeFi space, but its exact meaning varies, depending on who is using it.

  • equal access to opportunity (not necessarily equal outcome);
  • complete transparency;
  • no excessive premine
  • 5 million to private sale participants
  • 500,000 to presale participants
  • 2 million to team/advisors/ecosystem

AavegotchiDAO Genesis (V1.0) live on Mainnet

Another name for our unique token distribution method is a DAICO — a decentralized, autonomous token sale, where funds are managed by a tap mechanism controlled by the DAO.

AavegotchiDAO V2 will feature an interactive metaverse interface
  • Community management
  • International marketing
  • Aavegotchi ecosystem growth
  • Community proposals

This week’s Mission: Just DAO it!

Recently, a new off-chain voting platform called Snapshot has become popular. Snapshot allows tokenholders to easily create and vote on proposals, without spending gas.

  1. Navigate to the official Aavegotchi Snapshot page, at: https://snapshot.page/#/aavegotchi
  2. Use GHST to vote on an existing proposal. You’ll need a wallet with some GHST token in it.
  3. (Optional): Create a proposal for an idea you’d love to see the AavegotchiDAO fund or enable.
    (If you create a proposal, set the start date to 12 hours ago (to avoid date confusion), and the end date 7 days after the current day. Set the block number to 45,800 blocks higher than the current Ethereum block height.)
  4. Once you’ve clicked the “Vote” button, you’ll be asked to sign a transaction. Take a screenshot of the transaction, as seen below (taken from the SWRV DAO):
Take a screenshot of your signature request
Post your screenshot to mission-report7📸

When Aavegotchis, sir?

Originally we were going to post a dev update in this Community Update, but it’s already gotten so long, that we’ve decided it deserves its own piece. Big news on Aavegotchi development coming in a few days!

Around the Block — News/Media about Aavegotchi

  • Crypto Chico (Crypto Youtuber) mentioned Aavegotchi in video about DeFi NFTs https://youtu.be/okGmq6jGkvE?t=238
  • Cagjyan (Crypto Youtuber) mentioned Aavegotchi and GHST token sale https://youtu.be/6y_pLmXmumk?t=222
  • Aavegotchi CEO @coderdannn spoke about Aavegotchi at the WIP Asia event held in Cryptovoxels
  • Aavegotchi COO @gldnxross presented Aavegotchi at BlockLive Asia

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