GHST Bonding Curve Closed

The GHST Bonding Curve is no more! In a historic moment for the Aavegotchi Protocol, the AavegotchiDAO closed the Curve with an Aragon-based vote on ETH mainnet. A second vote to distribute the Curve's DAI was also passed and the ~30M  DAI collateral backing the Curve has been distributed per the terms of AGIP 65. GHST is now a free floating token.

Other Updates

Pixelcraft Studios has welcomed Jason Slama to the team as a new Game Director. Jason has a long and distinguished career in the gaming industry, having previously held positions at renowned companies such as CD Projekt Red and Ubisoft. Aavegotchi NFTs are now tradable on Magic Eden! Magic Eden is one of the largest NFT marketplaces in the world, featuring more than 22M monthly visitors. To celebrate this, Aavegotchi and Magic Eden are hosting a trading competition with a 20,000 MATIC prize pool.

The Aavegotchi Protocol’s dedicated gaming blockchain is set to launch this summer and will be the perfect launching ground for Aavegotchi-themed games and dapps. Veteran Web3 Gaming Studio Inverse Worlds announced that they’re ready to build on Gotchichain. Aavegotchi is happy that Inverse Worlds shares the same objective of making Gotchichain the virtual playground for Aavegotchis.

Rarity Farming Season 5 has ended. The final two rounds of season 5 happened in March with snapshot #3 taking place at block #40338030 and snapshot #4 taking place at block #40864665. In total 1.5M GHST was distributed to the winners of Rarity Farming Season 5. The Forge Schematics Raffle started on March 10th at 10am EST and ended three days later on the 13th at 10am EST. 2,285 Schematics of varying rarities were up for grabs in this raffle. Once the raffle concluded, Chainlink VRF was called upon to determine the winners. 

Aavegotchi was featured on DataDash. Host Nicholas Merten shared the alpha on the GHST bonding curve closure with his 500k+ subscribers. He called the bonding curve closure “one of the biggest (ecosystem changes) that we have seen in practically any NFT project when it comes to its protocol token."