π Introducing Gotchi Lending π»π€π΅
A new way to passively earn with your #gotchigang
Learn about the fully on-chain βUberβ of Aavegotchis coming soon within the #Gotchiverse
VIDEO + THREAD below πππ
(sound on!π)
1/5 Scholarship programs are a great way to circumvent high barrier to entry of many #playtoearn games, but they have a big problem.
Such programs introduce a cumbersome and exploitable human layer. Gotchi Lending solves this by keeping the ENTIRE process #onchain β
2/5 Hereβs how it works:
The Gotchi Lender rents their Aavegotchi out to another user who can then use the Aavegotchi within the #Gotchiverse to earn Alchemica.
The Lender decides on:
β±Duration of the Lending period
π΅ Fee (if any)
β Reward Split
3/5 π€ After agreeing to the terms set by the Lender, the Gotchi Borrower can then utilize the Aavegotchi within the #Gotchiverse.
The Borrower keeps the predetermined % of earned Alchemica and (optionally) any NFTs won while they are using the Gotchi.
4/5 Once the rental period concludes, the Lender sends a transaction to reclaim their Gotchi.
This transaction will initiate the transfer of the agreed upon portion of Alchemica and defined NFTs back to the Lender.
5/5 Gotchi Lending is ideal for guilds like @YieldGuild @BlackpoolHQ @CryptoGamingUtd @ReadyPlayerDAO or regular players.
It's one of many ways weβre making Aavegotchi and the #Gotchiverse accessible to anyone! β€οΈ π»
π Learn more about Gotchi Lendingπ
aavegotchi.medium.com/massively-scalβ¦
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