All quotes are firm for their displayed duration and are inclusive of our fees and spread. Learn more about Uphold’s fees and spread.
Quotes are temporary and non-executable. You must sign in to your Uphold account to execute a quote and start trading.
Like most trading venues, our price charts display current mid-market rates. When you trade, you receive the current bid or ask price, depending on whether you are buying or selling. The difference between the mid-market rate and the bid or ask price is the spread, which is a normal feature of how exchange order books work.
Digital currencies are high risk. Do not invest money you cannot afford to lose. Please consider whether trading crypto is appropriate for your individual circumstances before investing.
What is Aavegotchi (GHST) and how does it work?
Aavegotchi is an Ethereum-based game in which users collect and trade digital pets in the form of non-fungible tokens (NFTs). These pet NFTs, called Aavegotchis, are "playable" and, per hackmd.io, act as "interest-generating piggy banks" into which DeFi tokens can be directly staked.
GHST is the game’s native currency, used as a means of payment for in-game items and also for governance, CoinGecko said. Additionally, the token can be staked for additional rewards including parcels of digital land.
Per the project’s whitepaper, Aavegotchi introduces many innovations into the blockchain gaming sphere, including DeFi token collateral stakes, DAO-governed game mechanics and an open metaverse with smart contract interoperability and town hall style voting.
Drawing the first part of its moniker from the popular lending protocol, Aaave (AAVE), each unique Aavegotchi is backed with yield bearing aTokens (known in-game as ‘Spirit Force’) that accrue rewards in AAVE-backed lending pools.
Players actively work to enhance the rarity and features of their digital Aavegotchis. Additional GHST is dished out through this process, referred to as rarity farming.
In late March 2022, the protocol released of their own open-world game called “The Gotchiverse,” touted as a unique take on the metaverse that allows players “to explore, battle, craft exclusive NFTs, and play-to-earn via their Aavegotchis.”
Similar Assets
Trust in transparency
The transparency you need - gain insights into fees, have your questions answered and feel secure with our lawful dedication.
Navigate seamlessly with our detailed answers to frequently asked questions.
With reserves exceeding 100%, your funds are ready for withdrawal anytime.
Transparent service fees.
We are seriously dedicated to compliance and transparency.
Instant support, assistance and answers to your questions.