• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Aavegotchi logo

Aavegotchi

Total Users
- No data available.
Rewards
chest
chest
chest
chest
Volume
The fiat value of incoming dapp transactions over a period of time
- No data available.
Contract Balance
The total fiat value of assets in a dapp's smart contracts
- No data available.
Category
- No data available.
Blockchain
Ethereum
Language
- No data available.
Official links
Social media

News

Vitalik Buterin Unveils New Scaling Roadmap for Ethereum

Vitalik Buterin Unveils New Scaling Roadmap for Ethereum

chest
Vitalik Buterin unveils a new scaling roadmap for Ethereum to enhance DeFi's safety and efficiency.
user avatar

Filippo Romano

Institutional Demand for Tokenized Real-World Assets Surges

Institutional Demand for Tokenized Real-World Assets Surges

chest
Ethereum sees a significant increase in tokenized real-world assets, driven by major institutions like BlackRock and Fidelity. Since January 2024, over $200 billion worth of these assets are now on-chain, strengthening Ethereum's long-term fundamentals despite short-term volatility.
user avatar

Lucas Weissmann

Elon Musk's Antitrust Lawsuit Against Apple and OpenAI Moves Forward

Elon Musk's Antitrust Lawsuit Against Apple and OpenAI Moves Forward

chest
A federal judge has allowed Elon Musk's antitrust lawsuit against Apple and OpenAI to proceed, focusing on market monopolization claims related to ChatGPT's exclusivity on iOS.
user avatar

Emily Carter

What is Aavegotchi?

Aavegotchi - crypto collectibles, living on the Ethereum blockchain, backed by the ERC721 standard, used in popular blockchain games like Cryptokitties, Axie Infinity and Cryptovoxels.

Contents:

  1. How does the platform work?
  2. Additional information

Aavegotchi

How does the platform work?

The platform possesses three attributes that determine their overall value and rarity in the platform universe: pledge, traits and wearable devices.

Each Aavegotchi ERC721 NFT manages the address of the escrow contract that contains the ERC20 collateral.Aavegotchi

aTokens generate income through the Aave LendingPool, which increases the number of aTokens, stored in the wallet. Aavegotchis have many stats that affect their rarity, their effectiveness in minigames and the wearable devices they can equip. The most important ones are as follows:

Kinship Affinity is not randomly assigned, but starts at a fixed value at birth and increases or decreases, depending on various factors.
Randomly generated traits At birth, several random feature values are assigned, using the ChainLink VRF random number generator. The stat values are distributed along a curve and each stat is assigned a value of Common, Uncommon, Rare, Legendary or Mythic, depending on its rarity.
Level Aavegotchi "level up" as they gain experience by voting in the AavegotchiDAO and participating in mini-games. Every few levels you get one spirit point, which can help to increase or decrease a specific trait.

The platform also extends the ERC998 Composables standard, which allows them to manage child NFTs. Some of them can only be equipped with certain accessories, with a certain level and with certain characteristics. The intrinsic value is the face value of the delivered Aavegotchi collateral. If you placed a 10 aDAI bet, the value will be 10 aDAI plus any additional aDAI, accumulated from the credit pool.

Additional information

Since the project is actively developing its social networks, you can find the information you need in its channels:

Also there you can find out about the upcoming updates, promotions and participate in contests.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.