### What is Aavegotchi?

Aavegotchi is a DeFi-enabled crypto collectibles game that combines decentralised finance (DeFi) and non-fungible tokens (NFTs) to create a unique gaming experience. Players can stake NFT avatars, referred to as Aavegotchis, with interest-generating tokens and interact with the Aavegotchi metaverse. The platform aims to bridge the gap between DeFi and NFTs, offering an ecosystem where digital collectibles meet financial functionalities.

### How does Aavegotchi work?

Aavegotchi operates by allowing players to stake NFT avatars with interest-bearing tokens known as aTokens, which are from the Aave protocol. The game leverages the Ethereum blockchain and Polygon network for improved scalability and lower transaction costs. It incorporates Chainlink's Verifiable Randomness Function (VRF) to ensure fair gameplay by generating provably rare NFTs. Aavegotchi is built on multiple ERC standards, including ERC721, ERC1155, and ERC998, and uses EIP-2535 for smart contract upgradeability.

### What are the potential use cases for Aavegotchi?

The potential use cases for Aavegotchi include:

- **Gaming and NFTs**: Providing an engaging gaming platform that involves digital collectibles.
- **DeFi and Lending**: Allowing players to interact with DeFi functionalities through staked aTokens.
- **Community-Driven Development and Governance**: Empowering users to influence the platform’s development via AavegotchiDAO.
- **Virtual Real Estate and Metaverse Applications**: Enabling users to participate in virtual worlds with tangible ownership of virtual assets.

### What is the history of Aavegotchi?

Aavegotchi was founded in 2020 by Pixelcraft Studios, led by Jesse Johnson and the pseudonymous Coder Dan. The project has achieved significant milestones, including the removal of its bonding curve in 2023 to make its GHST token a free-floating asset. In 2023, it established the AavegotchiDAO to further decentralise its governance. The platform has evolved to include 3D assets and introduced significant updates like The Forge and the Aavegotchi Gaming Console (AGC). As it continues to grow, Aavegotchi participates in strategic events and maintains an active community.

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