In the vast partner network of Yield Guild Games (YGG), Aavegotchi occupies a unique and foundational position. This innovative project that combines DeFi staking with NFT collectible gamification is not only one of the first eight games that YGG partnered with and invested in back in 2021 but also the first partner chosen for YGG's sustainable community reward system - the reward treasury. Understanding this partnership is key to understanding how YGG realizes ecological value circulation through the YGG Play Launchpad.
Aavegotchi: When Staking Meets Pixel Ghosts
The essence of Aavegotchi is an interactive NFT with yields. Each Aavegotchi pixel ghost's core is collateral (aToken) that generates interest in the Aave lending protocol. Its rarity, characteristics, and in-game abilities are all related to the value of its attached collateral and on-chain interaction history. Players are not only collecting cute NFTs but also managing an on-chain asset that will 'grow' and generate yields. This design that gamifies DeFi yields was groundbreaking at the time.
YGG's early layout and value recognition
YGG invested and collaborated in the early stages of the Aavegotchi project, based on the deep alignment of both parties' philosophies:
· Adherence to 'asset ownership': Both emphasize the true ownership and control users have over their digital assets.
· The pursuit of 'sustainable yields': Aavegotchi's yields come from real interest in DeFi protocols, not inflationary tokens; this aligns with the 'real yield' narrative that YGG later emphasized.
· Strong community culture: Aavegotchi has built a highly sticky and creative community, which naturally complements YGG's guild community attributes.
Reward treasury: An innovative value return mechanism
In July 2022, YGG launched its reward treasury. This mechanism allows YGG guild badge holders to earn tokens from YGG partner projects by staking their $YGG tokens. The first partner token incorporated into the reward treasury was Aavegotchi's ecological governance token $GHST.
This action is significant:
1. It establishes a value flow closed loop: YGG grows through investments and collaborations from projects like Aavegotchi, then returns part of the profits (in the form of partner tokens) back to the most loyal $YGG stakers through the reward treasury.
2. It enhances the utility of $YGG: $YGG is not only a governance tool but has also transformed into a 'yield-generating asset' that attracts long-term holders.
3. It solidifies partnerships: The reward treasury brings long-term, token-holding potential users to collaborative projects, deepening mutual interest binding.
Launchpad: A new engine of vitality for classic projects
Now, the YGG Play Launchpad is online, providing a new stage for 'classic projects' like Aavegotchi, which have established solid ecosystems, to interact with the new generation of the YGG community.
For example:
· Nostalgic missions and new user guidance: The Launchpad can set learning tasks about the basics of Aavegotchi and gameplay, rewarding completers with some $GHST or in-game items, bringing new generation players of YGG into this classic universe.
· Joint activities and asset issuance: The release of new versions of Aavegotchi or the launch of new series of NFTs can be jointly promoted or have exclusive whitelist lottery draws for the YGG community through the Launchpad.
· Proof of contribution: Long-term participants in the Aavegotchi ecosystem who are YGG community members can have their contributions certified on the Launchpad and exchanged for universal points in the YGG ecosystem.
$YGG: An ecological value storage that transcends cycles
The story of Aavegotchi and the reward treasury tells us that the value of $YGG comes not only from successful bets on new games but also from the depth and sustainable value-sharing mechanisms established with mature projects. $YGG is like an 'index fund' and 'dividend certificate' of the Web3 gaming ecosystem; holding it grants you the right to share in the growth dividends of its entire partner network.
Take action now:
Whether you want to understand how DeFi and NFTs cleverly combine or explore the source of value in the YGG ecosystem, Aavegotchi is an excellent starting point. Now, through the YGG Play Launchpad, you can participate in these classic projects in a whole new way. Explore your favorite YGG Web3 games, starting with Aavegotchi's missions, understand what sustainable on-chain yields are, and in the process, accumulate new game token rewards from the Launchpad. Classics never go out of style, and wisdom endures.
@Yield Guild Games #YGGPlay $YGG
