CHAPTER 1: INTRODUCTION TO Aavegotchi
Hey givers, I believe you've been wondering lately about Aavegotchi, what the project is bringing to the high tables of the crypto ecosystem, or perhaps some haven't even heard of Aavegotchi. GOODNEWS!!! Because today those questions and doubts have been answer, a proper glance through the write up will give you a brief of Aavegotchi.
What is Aavegotchi:
Aavegotchi is Playable assets that act as collateral on DeFi networks.
The Aavegotchi GHST token is a DeFi-focused non-fungible token (NFT) that runs on the Aave protocol. Aavegotchis are basically game avatars that can be used as DeFi collateral to earn staking rewards.
About Aavegotchis
Aavegotchis are rare crypto-collectibles living on the Ethereum blockchain, backed by the ERC-721 standard used in popular blockchain games such as CryptoKitties, Axie Infinity, and Cryptovoxels. Aavegotchis possess three attributes that determine their overall value and rarity within the Aavegotchi universe: collateral stake, traits, and wearables.
WORLD OVERVIEW
The Gotchiverse
Beyond the Human Realm there is the Ether Realm, where smart contracts twinkle and dark forests lurk. Travel a bit further down the rabbit hole, and one eventually discovers the Gotchiverse Realm. When a yield farmer in the Ether Realm is liquidated, its spirit journeys to the Gotchiverse, where it reincarnates as an Aavegotchi. Aavegotchis are a spectral species who love nothing more than farming, voting, and shitposting with their frens.
NPC as Dapps
Dapps will be playable directly within the Gotchiverse. An early example of this will be the GotchiDEX dapp, a DEX specially created for providing liquidity for the Gotchus Alchemica.
A developer SDK will be created to allow other developers to re-skin their smart contract frontends to work as NPCs within the Gotchiverse.
CHAPTER 2: HOW TO GET $ETH
Since Aavegotchi is built on ethereum blockchain, it'll be advised you acquire/ accumulate ethereum ($ETH).
Now here is a step by step guide to get $ETH to get you started with Aavegotchi: $ETH can be accumulated in 2 ways either free or you buy on exchange platforms such as binance, kucoin e.t.c
How do I buy Ethereum?
You can buy Ether with your credit card, debit card or bank transfer now on Coinmama.com. Expand your cryptocurrency portfolio, with just a few clicks.
- Go to the Buy/Sell page.
- Set the currency to Ethereum.
- Enter the amount in ETH or your local currency that you wish to buy.
- Select your desired payment method.
- Confirm the order is correct and click Buy Ethereum.
To to get free $ETH
To receive your free Ether (ETH), all you have to do is sign up for an account on Idle-Empire, answer a few paid surveys, watch videos, or complete offers and quickly redeem your points for Ether. We'll send Ether to your Coinbase account, instantly and with zero fees. this is called "proof of work" (WORK).
CHAPTER 3: HOW TO GET ONTO POLYGON: https://polygonscan.com/address/0x385Eeac5cB85A38A9a07A70c73e0a3271CfB54A7/transactions
Polygon is an exchange platform where you can buy tokens such as $GHST which would grant you access to buying Aavegotchi and proceeding to other stages.
CHAPTER 4: HOW TO BUY GHST ON POLYGON
Purchasing $GHST
First, you need to get your hands on some GHST tokens to stake. Our GHST token page covers the various ways in which you can get yourself some.
Buying $GHST
Get your wallets (preferably Metamask) ready - there are a couple of ways to buy $GHST tokens:
- Buying it straight from the curve on Ethereum Mainnet (though this requires KYC, which unfortunately precludes citizens of the United States and China)
- Buying it from Decentralized Exchanges on Ethereum Mainnet such as Uniswap and Matcha
- Buying it from Decentralized Exchanges on Polygon such as QuickSwap
- Buying it from Centralized Exchanges such as OKex and Binance
Make sure you get the correct token address as well.
On Ethereum Mainnet: 0x3F382DbD960E3a9bbCeaE22651E88158d2791550
On Polygon: 0x385Eeac5cB85A38A9a07A70c73e0a3271CfB54A7
Earning $GHST
Not everyone is a whale, and that's fine - there's plenty in the DeFi seas to go around.
There are several ways to grind it out and earn GHST. These include:
Engaging in rarity farming
Participate and vote in AavegotchiDAO
Playing and winning in mini-games (more information TBC)
CHAPTER 5: HOW TO BUY A PORTAL ON Aavegotchi
Buying a Portal
Before you can raise your pixelated ghost baby, you’ll need to summon it via a Portal. You can acquire this either from the official Aavegotchi Dapp, or an external marketplace such as OpenSea.
If you’re purchasing it from the Aavegotchi Dapp, each portal will cost approximately 100 GHST. These devices will also be released in ‘Haunts’ (editions). The first haunt will offer 10,000 Portals up for grabs. After this, the AavegotchiDAO will continue to vote on decisions relating to separate haunts. For instance, portal prices and quantities may change in the future, as a result of decisions and voting from the DAO.
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CHAPTER 6: HOW TO SUMMON AN Aavegotchi
How do you summon an Aavegotchi and bring it from the Nether realm to your screen? Through a Portal, of course!
Peer deep into its purple depths and see what lurks beneath – you’ll find a friend. Or more specifically, 10 friends.
So put on your wizard cap – it’s time to learn more about Portals and the Aavegotchi summoning process.
CHAPTER 7: HOW TO MAKE MORE MONEY WITH YOUR Aavegotchi
There are many ways in which you can make more Money with your Aavegotchi.
Taking aTokens and bringing it to life: this could be achieved by simply voting e.g twitter votes/DAO voters to add in more Aavegotchi tokens based on payer demands
Rarity farming events: Rarity farming is an innovative game mechanism pioneered by Aavegotchi. It strives to reward the users who are the most thoughtfully and enthusiastically engaged with the ecosystem.
How Do I Rarity farm?
There are several ways you can engage in the rarity farming exercise. These include:Carefully selecting an Aavegotchi with rare traits during the summoning process
Equipping wearables to modify the traits of your Aavegotchi
Engaging in mini-games.
Staking your token: Staking refers to the process of locking up your cryptocurrency in return for rewards. This is no different in the Aavegotchi project. The native token, GHST, can be staked in the Staking Contract to earn FRENS.
How to Stake
Once you have some GHST tokens, it is time to stake them! Staking takes place on Polygon (formerly Matic Network).
There are two ways to stake: (1) staking GHST tokens directly, and/or (2) staking QuickSwap LP tokens.
Important: Staking on Mainnet has been discontinued! Please unstake and restake on Polygon.
Note: Pre-sale GHST tokens cannot be staked until they are unlocked.
If you do this, you'll be way more ahead of others.
Check the youtube like in tye description below to take you round the earning process👇
https://m.youtube.com/watch?v=dhmWtV9zcBU.
Tokenomics of REALM
Total Supply
The total supply of REALM is 420,069. Initially, 155,069 REALM will be unlocked and distributed over a period of two years.