[VOTE NOW] AGIP18 — Gotchiverse Patch v0.1

Aavegotchi
3 min readJan 5, 2022

Vote now to decide the future of the Gotchiverse tokenomics!

Background

Although the Gotchiverse is not yet live, a few weeks ago we identified a few areas that we believe should be adjusted before the game is released, and brought those items to the community’s attention for discussion and a decision on whether or not to enact.

To ensure no single proposed change could revert the entire batch, we originally created six separate snapshot SigProp Proposals. This CoreProp combines the successful SigProps into the first Gotchiverse Paatch v0.1!

More details can be found in the Medium Post: https://aavegotchi.medium.com/vote-now-aavegotchidao-end-of-the-year-xp-extravaganza-ce8f9dddfaec

Please read through this entire post before heading to https://vote.aavegotchi.com to cast your vote!

CoreProp Details

Author: Jesse | gldnXross#6482
GotchiID: 8497
Quorum requirement: 20% (9M GHST)
Vote duration: 7 days
XP Reward: 20 XP for each Aavegotchi in the voter’s wallet
Discourse Thread: https://dao.aavegotchi.com/t/gotchiverse-paatch-v0-1-thread/2791
Blog post: https://aavegotchi.medium.com/vote-now-aavegotchidao-end-of-the-year-xp-extravaganza-ce8f9dddfaec

Patch 0.1a

As we were finalizing key details such as build costs and harvesting rates for the upcoming Whitepaper, we discovered that one of our key assumptions had undervalued the amount of Alchemica in each parcel relative to total supply. The patch will increase the amount of Alchemica under each parcel to match our initial Alchemica tokens’ supplies, allocations, and emissions rates.

The SigProp for Patch 0.1a passed with the following numbers:

✅ Yes: 13.14M GHST
No: 41.85k GHST

Patch 0.1b

Although our original intention was to make boosts one-time only, it is clear that many in the community interpreted the GEO paper to mean that boosts would be replenished. This patch allows boosts to also replenish together with the parcel itself after each Great Battle.

However, unlike parcels, the replenish rate is a fixed amount that is the same per round. For example, a parcel with a “5” FUD boost receives 5 servings of FUD per boost round.

The SigProp for Patch 0.1b also passed pretty convincingly:
✅ Yes: 10.36M GHST
No: 2.37M GHST

Patch 0.1c

Even with Patch 0.1b passed, boosts will still be undervalued compared to the value the market has assigned to them, relative to a similar parcel with no boosts. Patch 0.1c proposed increasing boosts by 5x to bring the value of a boost closer to what the market is currently valuing it at.

The SigProp for Patch 0.1c did not pass and WILL NOT BE INCLUDED in Patch v0.1.

Yes: 5.85M GHST
❌ No: 8.04M GHST

Future SigProps may be created to address this issue separately.

Patch 0.1d

The Gotchiverse Litepaper mentions that Kinship will be exchanged for a serving of Alchemica, essentially “burning” kinship. We certainly want to maintain the idea of a “kinship boost” for channeling but after thinking more deeply, we now believe there is a better way to achieve this.

An “achievements” approach does not require depleting an Aavegotchi’s kinship. Instead, high kinship Aavegotchis will channel Alchemica at a slightly higher rate, depending on their achievement level.

The SigProp for Patch 0.1d also passed:

✅ Yes: 12.64M GHST
No: 431.93k GHST

Patch 0.1e & 0.1f

Districts did not exist as a Citaadel concept when the Litepaper was first published. That said, we have always envisioned an area or areas for Pixelcraft to develop in-depth experiences that add value to the overall game. Likewise, one of our earliest ideas, (predating the Citaadel itself!) was to reserve a town square for real time DAO voting. The idea of having a gamified governance experience was one of the very earliest ideas seeding Aavegotchi’s need for its own virtual world.

Patch 0.1e & 0.1f proposed allocating 1000 parcels each to Pixelcraft and the AavegotchiDAO in D27/D30. Both Patches passed convincingly:

✅ Yes: 11.94M GHST / 12.14M GHST
No: 615.78k GHST / 734.92k GHST

Conclusion

And that’s it for the first Gotchiverse Patch! Now it is up to you, the AavegotchiDAO, to decide if Patch v0.1 should be implemented or not.

VOTE NOW 👉 Head to https://vote.aavegotchi.com

Option 1: Yes, implement Patch v0.1
Option 2: No, do not implement Patch v0.1

Remember, by voting on this CoreProp, you’ll earn 20XP for all your Gotchis if it reaches quorum. Frens who voted on the SigProps will also earn 10XP per Proposal if this CoreProp passes.

See you at the new voting portal at https://vote.aavegotchi.com.

Stay spooky frens 👻

Aavegotchi team

--

--

Aavegotchi

DeFi-enabled Crypto Collectibles Collect, compete, and combine your Aavegotchis for the ultimate gamified DeFi experience! Powered by @aaveaave.