Staking

What is Staking?

Staking in Aavegotchi involves locking up your cryptocurrency, specifically the native token GHST, in various staking contracts to earn rewards.

The primary rewards for staking GHST are GAX Liquidity Token Rewards (GLTR). These GLTR tokens can be used in the Gotchiverse to speed up the crafting and upgrading of Installations, allowing players to progress faster in the game. Additionally, GLTR can be burned to speed up the time for Forging.

In addition to the above, more usecases are being developed for GLTR token and will be announced in the future.

How to Stake

To stake GHST, you can visit the Staking page, where you'll find seven staking pools:

• wapGHST

• GHST-FUD

• GHST-FOMO

• GHST-ALPHA

• GHST-KEK

• GHST-USDC

• GHST-GLTR.

GHST-MATIC also appears on the list, but its rewards have been reduced to zero.

After depositing tokens into these pools via Quickswap or other decentralized exchanges, you'll receive LP tokens, which can then be staked in the Aavegotchi DApp.

The staking process not only offers rewards but also contributes to the alignment of the AavegotchiDAO, GHST holders, and Aavegotchi NFT holders' goals, fostering a sustainable ecosystem.