Aavegotchi (GHST) is a non-fungible token (NFT) based on the Aave protocol that focuses on DeFi. Aavegotchis, to put it simply, are game avatars that can be used as DeFi collateral to gain staking incentives.
The coins, like CryptoKitties, have distinguishing characteristics such as body color and personality. The tokens can be liquidated at any time because they are a staked asset. Unfortunately, liquidating your NFTs will result in the loss of your Gotchi.
Aavegotchis are playable items that also serve as DeFi network collateral. Unlike other NFTs, they offer inherent benefits in the sector that outweigh the potential for gaming. To connect with a Gotchi, DeFi users must stake a select collection of tokens known as aTokens into a Gotchi, such as LINK (aLINK) and USDC (aUSDC).
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