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Gaming NFT

What is the GHST token used for?

How the GHST token is used. Aavegotchi is a play-to-earn game and metaverse currently on Polygon. It is powered by the Aave DeFi protocol.

The GHST token

GHST is the governance and utility token of Aavegotchi ecosystem.

GHST token is used for

  • Purchase wearables
  • Purchase portals to summon Aavegotchis
  • Realm parcels
  • Staking for FRENS

How could value accrue to GHST token?

Locking

  • Staking for rewards

Fees

  • Burn – 33%
  • DAO – 10%

What is Aavegotchi?

Aavegotchi is a play-to-earn game and metaverse currently on Polygon. It is powered by the Aave DeFi protocol.

  • Users purchase portals to breed Aavegotchis.
  • Users purchase and create wearables for their Aavegotchis.

All transactions are paid with GHST.

Fees

Revenue from portals and wearables goes to:

  • 40% – Play to earn. Most XP, Rarest Aavegotchis, Scores.
  • 33% – Burn
  • 10% – DAO
  • 17% – Development

To summon an Aavegotchi from a portal users need to stake between 10 – 1000 DAI worth of aTokens (or maTokens on Polygon.

This provides a floor price and intrinsic value.

Staking

GHST can be staked to earn non-transferable FRENS tokens. These can only be earned by staking.

FRENS is used for

  • Raffles for wearables and realm parcels.

Governance

Tokenholders is able to vote on proposals in the DAO.

GHST Tokenomics

Total supply: 53,626,478

Distribution:

  • 500 000 tokens – Private sale
  • 500 000 tokens – Presale
  • 1 000 000 tokens – Ecosystem
  • 1 000 000 tokens – Team fund
  • All other tokens – bonding curve

GHST token sale price

  • Private sale: $0.05
  • Pre sale: $0.1
  • Bonding curve: $0.2

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GHST token price

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