The vote on the proposal of Aavegotchi to close the GHST joint curve has been opened
On March 8, it was reported that the vote on the proposal for closing the agreement Token GHST joint curve initiated by the Aave Ecological NFT project Aavegotchi has been opened. Once the number of votes reaches 8%, the joint curve will be closed.
Interpretation of this information:
The message is about the voting process for the proposal to close the agreement Token GHST joint curve initiated by Aavegotchi, an NFT project under Aave Ecological. The vote was opened on March 8, and it requires 8% of the votes to be in favor for the joint curve to be closed.
Aavegotchi is an NFT project that combines gaming and DeFi elements. It allows users to create unique digital ghosts that can be staked and used to interact with various in-game features. The project is built on top of Aave, a popular DeFi lending protocol.
The proposal for closing the Token GHST joint curve is likely related to the project’s pool on Curve, a popular DeFi asset exchange platform. Aavegotchi’s pool on Curve allows users to trade GHST tokens with other supported tokens. Closing the joint curve would mean that the pool is no longer available for trading, which could have various implications for the project’s overall liquidity and user engagement.
The voting process is an important mechanism for decentralized governance in the DeFi ecosystem. It allows token holders to have a say in the direction and development of the project they are invested in. Aavegotchi’s decision to initiate the proposal for closing the Token GHST joint curve shows that the project takes its community’s feedback seriously and is open to making changes based on their input.
In summary, Aavegotchi’s proposal to close the Token GHST joint curve initiated a voting process that opened on March 8. The proposal requires 8% of the votes to be in favor of closing the joint curve for it to take effect. The project’s decision to initiate this proposal demonstrates its commitment to decentralized governance and community feedback.
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