An Aavegotchi post.
Dear Gotchigang,
We all have addictions. Portal popping, land speculating, fakegotchis accumulating…it’s a never-ending aadiction for some. In the pursuit of alpha & asset ownership it isn’t uncommon for many ecosystem players to go illiquid, flip assets in favor of something new, and reduce their gotchi-stockpile in favor of getting liquid again to accumulate more.
But why reduce the stockpile when you can borrow against it AND maintain the playability that everyone needs to interact with the Gotchiverse.
Lo and behold, a partnership that meets the needs of both borrowers and lenders in the Gotchi-sphere. Several months ago the Gotchi Vault, a decentralized asset manager, and PWN.xyz created a novel solution that the rest of the NFT space should pay attention to.
This solution presents the best of both worlds. Deposited NFT assets in the vault can be matched with receipt tokens for use on PWN that basically guarantee the collateral for lenders while still giving borrower access to play with the collateral while its locked up.
BOOM, you just unlocked partial value from your Aavegotchis without needing to sell them.
While your gotchi frens rest inside a loan waiting for your repayment you are free to do whatever with your debt fren. Buy more gotchis, stack more $GHST, or whatever. Just know that in the background your Gotchi friends will never ghost you as they are automatically pet by the Gotchi Vault & are in good hands.
