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Aavegotchi Community to Decide on Contract Sale of GHST

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It is reported that the community members of the encryption collection game Aavegotchi are voting to decide whether to end the contract sale of its original GH…

Aavegotchi Community to Decide on Contract Sale of GHST

It is reported that the community members of the encryption collection game Aavegotchi are voting to decide whether to end the contract sale of its original GHST token for about two and a half years. The voting will decide whether to close the smart contract that provides liquidity for the casting and destruction of GHST. GHST is the basic currency and governance token of the ecosystem, with a market value of more than 76.6 million dollars and a total supply of 54.6 million. If this vote is passed, the second on-chain vote will decide whether to let Aavegotchi DAO spend the DAI that is stuck in the smart contract. If the vote is passed, the $33 million DAI token used to cast GHST in the contract can be used to develop the ecosystem of the game agreement.

The game agreement Aavegotchi votes to decide whether to close the smart contract providing liquidity for GHST casting and destruction

Analysis based on this information:


Aavegotchi, a blockchain-based game ecosystem, is giving its community members a say in deciding the future of its original GHST token. A report reveals that the community is voting on whether to end the sale of the token for a period of about two and a half years.

GHST is not only the basic currency of Aavegotchi but also serves as its governance token. With a market value of more than $76.6 million and a total supply of 54.6 million, the decision taken by the community will have a significant impact on the ecosystem’s future.

The vote will determine whether to close the smart contract that provides liquidity for the casting and destruction of GHST. Such a move could have far-reaching consequences for the community, as it would directly impact the token’s value in the market.

If the community votes in favor of ending the contract sale, a subsequent vote will determine whether Aavegotchi DAO can spend the DAI (a decentralized stablecoin) locked in the smart contract. The locked DAI is worth approximately $33 million and can be utilized for an ecosystem development project.

This series of votes gives the community members a say in the critical decision-making process of the ecosystem, making it a decentralized and fair platform for all participants.

This move by Aavegotchi reflects the growing trend of community-based governance in the blockchain industry. Rather than having decisions made solely by centralized entities, blockchain ecosystems like Aavegotchi are embracing decentralized voting mechanisms to ensure transparency and fairness.

In conclusion, Aavegotchi’s community voting on the contract sale of GHST is a significant development in the blockchain gaming industry. By giving power to the community, Aavegotchi is setting an example for other ecosystems to follow.

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