Aavegotchi presents loan mechanism for Gotchi's NFT

Contents

Aavegotchi tiene inserted Gotchi Lending, a new way to generate passive income by lending NFTs to other players. The Aavegotchi Lending system works completely on-chain and enables players to fully rely on blockchain technology without the need for human efforts..

The Aavegotchi Loan System, also named Uber on chain from Gotchiverse, gives players who borrow NFTs limited access to NFTs. There will be a duration of the contract, a fee and possibly a split reward. Players can even limit the availability of their Gotchis to their own social circle or to everyone.. This would allow someone in a guild to lend Gotchi NFTs only to other members of the guild..

The concept of lending NFTs was started by the Axie Infinity community, where the current popularized scholarship program comes from. Gives less financially powerful players the ability to participate and earn in and from an ecosystem. Aavegotchi improves on that system by allowing all lending alternatives to occur on the blockchain.. The system even allows players to determine rules about how NFTs are divided between the lender and the borrower..

Second sale of land 2 from December

Aavegotchi will be holding its second Gotchiverse land sale on 2 December at 15:00 UTC and will last until 5 from December. They will auction exactly 7.000 land plots using a unique offer and earn platform, while they will give away 3.000 plots in a raffle. At the same time, members will earn GHST for bidding, Even if they don't end up winning.

The bid-to-win auction will be held between 2 and the 5 from December, with 7,000 plots at stake. Between 10 and the 13 December there will be a draw for tickets to distribute the 3.000 remaining packets. Members will use GHST to bid. It might be wise to get your GHST sooner rather than later, based on what we saw with the first land sale.

What is Aavegotchi?

Aave is the Finnish word for ghost. An Aavegotchi is a cute pixelated ghost that has several features. First, there is a financial guarantee that supports the existence of the little ghost. At the same time, these ghosts have random traits, they can use clothes and other posts and come with a certain level of rarity. You could see an Aavegotchi ghost as a modern piggy bank that builds interest while utilizing cool pixelated posts. The money backing the ghost will always be there. And adding rare NFT handheld devices increases its performance and, because, makes it more valuable.

With GHST, Aavegotchi has a recently announced eco-governance token. Users can get GHST through Uniswap and other exchanges, o Aavegotchi platform. You buy GHST using DAI and need some Aave aTokens, como aDAI, as an example. Subsequently, you must spend GHST to get a portal, that will give you a cute little Aavegotchi. Owners can use this little ghost in games, sell them for profit or burn them to get the money backing their existence.

Subscribe to our Newsletter

We will not send you SPAM mail. We hate it as much as you.