ARC: List Aavegotchi $GHST token as collateral on Matic Aave network

I support this recommendation. It will add value to AAVE and GHST. Also interested in the long term benefit of financial models with this bonding curve.

1 Like

Would be amazing to have GHST accepted as a collateral. Aavegotchi is the largest project on Polygon (besides Aave) so it’s a no-brainer in my opinion.

3 Likes

This should coincide with haunt 2.

1 Like

Bumping because it’s relevant again and would allow Aavegotchis with GHST as collateral for Haunt 2.

2 Likes

Thanks for this proposal

Could you please provide a Risk Analysis for example based on Methodology - Risk

2 Likes

Yes, preparing this now!

3 Likes

I strongly support this measure. Both AAVE and GHST communities would benefit.

2 Likes

BIG UPDATE: We just launched a Snapshot for this Proposal, with 26,000 AAVE already voting YES.

https://snapshot.org/#/aave.eth/proposal/QmXtz8SHLFD2gFrHBb9QNjkVfKKtYWBkB6g2rk1BhVjzfY

We also recently published a useful overview of why GHST is a great DeFi collateral: The DeFi Case for GHST. Why GHST is the perfect collateral for… | by Aavegotchi | Aug, 2021 | Medium

Thanks for your support Aave fam :ghost::heart::ghost:

5 Likes

Hello :wave:t3:

Great to see this. I am voting in favor of this proposal.

Hey @coderdan just wondering :thought_balloon: once this is approved and added to Aave, what are your thoughts of having a GHST pool on PoolTogether with Aave as the yield source?

Thanks.

:wink:

2 Likes

that sounds really fun!

2 Likes

The army of gotchies says AYE!

1 Like

The Aavegotchi project is an unprecedented way to introduce new users to defi and polygon by way of an NFT game. Allowing GHST as collateral on Aave polygon will almost certainly guarantee increased adoption of Aave polygon by a new class of users.

The stability that the bonding curves adds to the GHST price also makes it a meaningful and rare opportunity to have NFT gaming intersect with Aave. Many other NFT gaming tokens would not be such clear candidate to consider due to extreme price volatility.

As both an AAVE token and GHST token HODLer, not only am I in favor of this proposal, but I plan to deposit a meaningful amount of GHST into Aave polygon as collateral if this proposal is accepted by the community… as long as those aGHST tokens earn FRENS :slight_smile:

2 Likes

Great :+1:t3: If we need to discuss this further we can do it here on the forum, Discord community call or any medium (Twitter Space, etc).

I am excited to see how Aavegotchi is evolving.

:sunglasses:

1 Like

Let’s this Frens.

GHST would be a safe we can help each other and help gamify aave

1 Like

aavegotchi (GHST) is one of the OG projects on polygon.
It is seeing steady growth and has a fantastic community and devs.

i am a long term holder of both AAVE and AAVEGOTCHI, and i believe there should be a place for the GHST token on AAVE

1 Like

Long time holder on both projects, so a big YES!!! Already voted in the snapshot.

1 Like

Big fan, farmer and holder of both project as well! It would be amazing to keep growing and learning!

1 Like

Would love to see $GHST on AAVE, both because of the branding Aavegotchi and because of increasing traffic flow, usability and user base of both companies. Aave is already an important part of aavegotchi, and I hope we can see more of this duability going forward.

1 Like

GHST is the perfect defi collateral, I hope it gets listed! Not only there is many use cases for it, it is also pretty sound money. Plus Aavegotchi is a major polygon project and listing GHST would expand the Aave user base on polygon. Finally, Aave and Aavegotchi have a deep relation since all gotchis have aTokens staked in them, listing GHST would just be the extension of that

1 Like

I wouldn’t have known or used the Matic/Polygon Aave Network had it not been for Aavegotchi and its governance token, GHST. The GHST token definitely deserves to be listed as collateral on Matic/Polygon Aave network.

1 Like