Aavegotchi community votes on contract sale of GHST token

03/10/2023 22:29 • Metaverse Matters • 156 views

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:

The Aavegotchi community is currently voting on whether to end the contract sale of its original GHST token, a decision which could have significant consequences for the gaming ecosystem. The vote will determine the fate of the smart contract that provides liquidity for the casting and destruction of GHST, the basic currency and governance token of the Aavegotchi system. With a market value of over $76 million and a total supply of 54.6 million, the decision to close the GHST contract sale could have far-reaching implications for the future of Aavegotchi.

If the vote is passed, the second on-chain vote will determine whether the Aavegotchi DAO will be allowed to spend the $33 million DAI token that is currently stuck in the smart contract. If the vote is successful, the DAI token can be used to develop and enhance the Aavegotchi gaming ecosystem. This could potentially lead to significant improvements in gameplay, as well as increased interest in the Aavegotchi system.

This decision is crucial for the Aavegotchi community, as it will shape the future direction of the gaming ecosystem. The community members will need to consider a range of factors, including the potential impact on liquidity and market value of GHST, as well as the potential benefits of using the DAI token to fund improvements to the Aavegotchi system. Ultimately, the decision will depend on the relative importance that the community places on these factors.

In conclusion, the decision to end the contract sale of GHST and allow the Aavegotchi DAO to spend the $33 million DAI token will have far-reaching implications for the future of Aavegotchi. The community vote will be closely watched by all stakeholders in the ecosystem, as it will shape the direction of the system in the coming months and years. As always with community decision making, there may be competing viewpoints and interests, and the outcome of the vote remains uncertain until it is finalised.

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