Add amGHST staking for FRENS
Author: Marczeller | Aave#3432, Bearded#1723 Gotchi ID: 10644, 13536 Discourse Thread (Idea/Proposal): https://dao.aavegotchi.com/t/frens-for-amghst/2967 Quorum requirement: None (Polling vote) Vote duration: 3 days XP reward: 0xp (not a sigProp)
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The first ever cross-chain AIP passed and will be enforced on Jan 28th, meaning GHST will become a collateral in Aave polygon Market.
A GHST deposits into Aave will mint to the user amGHST an interest-bearing asset redeemable at 1:1 for GHST.
Proposal:
A) Create amGHST staking alongside current GHST staking vault with same FRENS emissions. As such 1 amGHST staked will yield 1 FREN per day.
B) Do not create an amGHST vault and keep status quo.
Benefits:
- AmGHST stakers will earn Aave GHST yield on top of their FRENS yield.
- Incentivize liquidity of GHST into AAVE attracting borrowers that might be interested in buying raffle tickets, items or gotchis, contributing to baazaar activity
- reinforce natural synergies between Aave and Aavegotchi
Off-Chain Vote
Yes: Add AmGHST, Keep GHST stake
6.93M 96.4%
No: Keep status quo
255.47K 3.6%
Timeline
Jan 27, 2022Proposal created
Jan 27, 2022Proposal vote started
Jan 31, 2022Proposal vote ended
Dec 18, 2025Proposal updated