What is Aavegotchi (GHST) | What is Aavegotchi token | What is GHST token
GHST is launched as a DAICO — a DAO governed token sale, which means that the funds raised are managed by the community. GHST is described to be a DeFi-enabled crypto collectibles project that allows users to collect, compete, and combine their Aavegotchis for a gamified DeFi experience.
Aavegotchi GHST Token Distribution Pre-Launch Primer
Lern: Everything you need to know about the upcoming $GHST token pre-sale and bonding curve distribution
Hello frens! We are only a few days away from opening the Aavegotchi GHST token pre-sale and subsequent bonding curve launch.
In lieu of this week’s community update, we’re publishing this piece, which contains all the details about the distribution, and a handy checklist to make sure you’re ready to go when the bonding curve opens.
THE PRE-SALE
**Size: **500,000 GHST
**Price: **0.1 DAI / GHST
**Time Limit: **14 days(or whenever it is sold out)
Lockup: 12 months, with a 6 month vesting cliff, followed by drip-release that can be withdrawn
**Who’s eligible: **All Level 6 Aagents who have performed KYC
How it’ll work: A few hours before the launch of the presale, we’ll take a snapshot of all the Level 6 Aagents and cross-check them with those who have performed KYC. Then we’ll assign a special **VERIFIED LEVEL 6 **badge in the Discord to all eligible participants and create a special channel in Discord, where links to the presale will be posted.
However, due to the limited size of the presale,** we cannot guarantee** all VERIFIED LEVEL 6 participants will be able to buy GHST during the presale. We also recommend you do NOT attempt to buy the whole 500,000 GHST, as it is likely your transaction will revert.
Immediately following the conclusion of the presale, we will create a transaction to conclude the presale and open the bonding curve for trading. Full details about the bonding curve are below.
THE BONDING CURVE
Size: Unlimited
**Price: Opens at **0.2 DAI / GHST
Time limit: Forever
**Lockup: **None, tokens can be claimed from the curve once the batch finishes
Who’s eligible: Anyone who has participated in KYC and had their address whitelisted by the Aavegotchi team
**How it’ll work: **Once the presale ends, our frontend at https://aavegotchi.com/curve will activate and trading on the bonding curve will become available. In order to buy/sell from our frontend, your Ethereum address will need to be whitelisted by our team.
**How to get whitelisted: **Click the Perform KYC button after connecting your wallet. Submit your KYC and then fill out the Typeform that follows it. We’ll notify you once your address has been whitelisted.
Starting Friday you’ll also see a KYC Complete ✅ button under your wallet address once it’s been whitelisted (Mainnet only).
IMPORTANT
We recommend you begin doing your KYC now, well in advance of the bonding curve opening, in order to prevent delays.
PRE-LAUNCH CHECKLIST
Take action now to ensure a smooth ride on the bonding curve!
- Join the official Aavegotchi Discord if you haven’t already!
- Perform all of the Aagent Missions in the Aavegotchi Discord and reach Level 6 before the snapshot.
- Log onto the Aavegotchi Dapp and click the Perform KYC button to do KYC. (Unfortunately, due to securities and AML laws, American and Chinese citizens cannot participate 😢)
- Complete the Typeform that you’ll see after doing KYC. Didn’t see the Typeform? Contact @gldxnross in the Aavegotchi Discord to get the link.
- Acquire some Mainnet DAI. You’ll need that to buy into the curve.
- Sit back and wait for the announcement that the pre-sale and bonding curves are open!
AAVEGOTCHIDAO 1.0
GHST is launched as a DAICO — a DAO governed token sale, which means that the funds raised are managed by you, the community!
One of the key components of a DAICO is the “tap” mechanism — a special smart contract that drips money to a vault address, owned by the fundraising team (in this case, the Aavegotchi team). As a DAO, you have the power to vote onchain to raise or lower the tap and control the flow of funds to Aavegotchi.
Shortly after the bonding curve opens, we’ll also be setting up an off-chain signaling platform where community members can create proposals and vote on proposals they’d like the tap to fund.
Initially the tap will be set to 50,000 DAI per month, used to fund:
- Community proposals
- Growth and market development
- Aagent Missions rewards
- GHST airdrops and tipping
- (insert your aavesome idea here!)
This marks the beginning of AavegotchiDAO and a great opportunity for inspired individuals to get involved and make meaningful contributions. Let’s bring it in gang!
From the official Aavegotchi Whitepaper
AAVEGOTCHIDAO 2.0
AavegotchiDAO 1.0 is just the beginning. Ultimately, we want Aavegotchi to be community-owned, and we’re currently exploring the tech stack where our DAO will live.
For us, the perfect DAO is:
- On-chain
- Cheap/free transactions
- Can interact with Mainnet smart contracts
We’re currently exploring solutions such as Matic, xDAI, and others to achieve this, and will keep you updated on our progress via our weekly community updates.
Would you like to earn GHST right now! ☞ CLICK HERE
How and Where to Buy GHST?
GHST has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy GHST
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
After the deposit is confirmed you may then purchase GHST from the exchange.
Exchange: Binance, Gate.io, OKEx, Hoo, Uniswap (V2)
Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once GHST gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Top exchanges for token-coin trading. Follow instructions and make unlimited money
☞ https://www.binance.com
☞ https://www.bittrex.com
☞ https://www.poloniex.com
☞ https://www.bitfinex.com
☞ https://www.huobi.com
☞ https://www.mxc.ai
☞ https://www.probit.com
☞ https://www.gate.io
☞ https://www.coinbase.com
Find more information GHST
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Learn about Cryptocurrency in this article ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
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