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GHST Token

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GHST Token

The GHST token is the eco-governance token that powers the whole Aavegotchi ecosystem.

Holding GHST grants the owner voting power in AavegotchiDAO at a rate of 1 vote per token. GHST is also the main currency of account for trading NFTs in the Aavegotchi marketplace.

GHST is a fully compliant ERC20 token. You can view its contract address on Polygon here: https://polygonscan.com/token/0x385eeac5cb85a38a9a07a70c73e0a3271cfb54a7

Contents

  1. Why GHST?
  2. Total supply
  3. Using GHST
  4. Buying GHST
  5. Earning GHST

Why GHST

User incentives play a huge part in any project. In this case, GHST provides the economic incentives to encourage greater participation in the Aavegotchi ecosystem. Specifically, the token helps to align the respective goals of the AavegotchiDAO, GHST holders, and Aavegotchi holders.

Players have to buy GHST and spend it in the process of summoning and training Aavegotchis. A portion of this is transferred directly back to the DAO to continue funding the development of the ecosystem. At the same time, part of the value is also distributed as rewards for wise governance in the DAO, and as rewards for engaging in rarity farming.

For more information, make sure to check out the Tokenomics page.

Total supply

The total supply of GHST token is 52,747,802 GHST. The token supply of GHST is fixed, and no more tokens will ever be minted.

Using GHST

What can you do with GHST, other than buy it and wonder wen moon? Plenty, and once you learn about the various ways to use GHST, we have a feeling you might just rethink selling.

These include:

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

Please verify these links against other officially published Aavegotchi sources - it never hurts to be extra careful.

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: