GHST Token

GHST Token is the eco-governance token of Aavegotchi. Owning GHST grants voting power to the bearer in AavegotchiDAO. GHST is also the underlying token for all trading in the Aavegotchi Baazaar, our official P2P marketplace.

Contract Addresses

Ethereum: https://etherscan.io/token/0x3f382dbd960e3a9bbceae22651e88158d2791550

Polygon: https://polygonscan.com/address/0x385Eeac5cB85A38A9a07A70c73e0a3271CfB54A7

Base: https://basescan.org/address/0xcd2f22236dd9dfe2356d7c543161d4d260fd9bcb

Tokenomics

Total Supply

The total supply of GHST on Ethereum is 52,747,802. However, this figure does not include the GHST burned on Polygon via primary sales and baazaar listings.

A more accurate total supply can be calculated by subtracting the amount burned on Polygon (GHST in the 0x000 wallet) which gives us a more accurate total supply of 50,478,617, or roughly 50M.

Circulating Supply

There are no vesting lockups active, which means that GHST has a circulating supply of 100%.

Burns

GHST is technically a deflationary token because 0.1 GHST gets burned every time a new listing on the Aavegotchi Baazaar is created. 5% of the GHST traded in primary sales has also traditionally been burned.

To date, more than 2,000,000 GHST has been burned via these methods.

To view the latest burns, please visit the Polygonscan explorer transaction history for the 0x000 wallet.

Utility

Voting Power

The AavegotchiDAO is one of the most active gaming DAOs in the world, with more than 120 proposal passed to date.

Holding GHST grants voting power to the bearer in the AavegotchiDAO in the form of 1 GHST = 1 voting power. No lockups required.

Medium of Exchange

GHST is the primary medium of exchange for trading assets in the Aavegotchi ecosystem.

All primary and secondary sales are generally denominated in GHST.

Liquidity Staking

GHST holders can provide value back to the ecosystem by providing liquidity between GHST and other tokens such as USDC and ETH.

Liquidity providers can stake their receipt tokens in exchange for GLTR rewards.

Gas Token (Coming with Gotchichain)

GHST will also be the gas token of our upcoming Gaming L3, Gotchichain.

All non-sponsored transactions will require a small amount of GHST to perform, in order to prevent spam and keep the network free from unnecessary congestion.

How to Earn GHST

There are many ways to stack GHST by participating in the Aavegotchi ecosystem:

• Entering your Aavegotchis into Rarity Farming or Gotchi Battler.

• Participating in game nights, tournaments, and other special events with GHST rewards.

• Buying and selling Aavegotchi game items in the Baazaar.

• Creating and selling FAKE Gotchis art.

• ...and that's just the obvious ones! Join our Discord community to make frens and learn the latest strategies for stacking our favorite purple coin.

Did you know?

GHST Token was deployed on Ethereum Mainnet on September 14, 2020 via an Aragon Fundraising Bonding Curve continuous token sale.

The Bonding Curve used DAI as its collateral, with a 30% reserve ratio.

The sale lasted for several years, finally concluding on March 10, 2023 when AavegotchiDAO voted to close the bonding curve.

Throughout this period, the total supply of GHST fluctuated, finally settling on its current total supply of 52,747,802 when the sale came to an end.