Thread by @aavegotchi

🎊 Introducing Gotchi Lending 👻🤝💵
A new way to passively earn with your #gotchigang

Learn about the fully on-chain “Uber” of Aavegotchis coming soon within the #Gotchiverse

VIDEO + THREAD below 👀👀👀
(sound on!🔊)

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 ⛓

2/5 Here’s 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:
⏱Duration of the Lending period
💵 Fee (if any)
➗ Reward Split

3/5 🤝 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 we’re making Aavegotchi and the #Gotchiverse accessible to anyone! ❤️ 👻

👇 Learn more about Gotchi Lending👇
aavegotchi.medium.com/massively-scal…