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Phil Hall
Phil Hall
Jul 28, 2021

Aavegotchi Haunt 2 Officially Approved by Community

The Aavegotchi community has voted to approve Haunt 2, which will release 15,000 more Gotchis into the ecosystem. This will happen in August.
Aavegotchi Haunt 2 Officially Approved by Community

The Aavegotchi community has voted to approve Haunt 2, which will release 15,000 more Gotchis into the ecosystem. While 20% of these new Gotchis will become giveaway rewards, the remaining 80% go on sale through a bid-to-earn auction. Additionally, the Haunt 2 proposition adds new collateral types, leaderboards, and rarity farming. All this will happen in August.

The developers behind Aavegotchi have made it clear that they have a different stance on rarity than other NFT-based games. They do think digital scarcity has its place, but it’s not the main goal of the project. In order to support increased adoption, the developers have backed a DAO vote to have a second haunt, which is the process for minting new Gotchis.

As of July 27th, 2021, the proposal for Haunt 2 was successfully approved by the Aavegotchi community. Portals will soon be available in Bid-to-Earn auctions, which we discussed earlier, and raffles. 

Some of the items in the proposal include:

  • Introduction of new collaterals (WBTC, MATIC, and WETH)
  • Two new eye shapes exclusive to Haunt 2
  • Introduction of two new rookie leaderboards
  • Rarity farming rewards will be funded by 40% of auction revenue

We’re excited to see that this proposal has passed as it allows more people to join the Aavegotchi community, allowing the project to grow and thrive. This is an interesting project that is pushing the limits of what can be done with NFTs and DeFi, and we love seeing it grow.

You can review the Haunt 2 CoreProp Medium post for more details.

What is Aavegotchi?

Aave is the Finnish word for ghost. An Aavegotchi is a cute little pixelated ghost that has several traits. First of all, there’s financial collateral backing the existence of the little ghost. In addition, these ghosts have random traits, they can wear clothes and others items, and they come with a certain rarity level. You could see an Aavegotchi ghost as a modern piggy bank that generates interest while wearing cool pixelated items. The money backing the ghost will always be there. And adding rare NFT wearables increases its performance and therefore makes it more valuable.

With GHST Aavegotchi has a newly announced eco-governance token. Users can acquire GHST through Uniswap and other exchanges, or the Aavegotchi platform. You buy GHST using DAI, and you need some Aave aTokens, like aDAI for example. Then you need to spend GHST to get a portal, which will give you a cute little Aavegotchi. Owners can use this little ghost in games, sell them for a profit or burn them to regain the money backing its existence.

Disclaimer: The information provided on this page do not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Individuals should do their own research before taking any actions related to the product they read about and carry full responsibility for their decisions.
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