What Is Matic Aave Interest Bearing LINK (MALINK) ?
Matic Aave Interest Bearing LINK (MALINK) The non-fungible token space (NFT) has seen explosive growth since the beginning of 2020, with total sales volume exceeding more than 100M USD, the majority happening in the last six months. Source: Non Fungible Similarly, the Decentralized Finance (DeFi) ecosystem has seen unparalleled growth in 2020, with Total Volume Locked (TVL) surging from 600 million USD to more than 6 billion USD, as of August 19, 2020. Source: DeFi Pulse Individually, each space is experiencing massive exponential growth, but as of yet no project has emerged that leverages the explosive potential of both combined.
Matic Aave Interest Bearing LINK (MALINK) Aavegotchis are rare crypto-collectibles living on the Ethereum block chain, backed by the ERC721 standard used in popular block chain games such as Crypto kitties, Axie Infinity, and Cryptovoxels. Rumor has it that are actually the ghosts of liquidated yield farmers determined to return and bring honor to their familial.
Aavegotchi introduces many innovations into the block chain gaming sphere, including DeFi token collateral stakes, dynamic rarity, rarity farming, DAO-governed game mechanics, and an open metaverse with smart contract interoperability and in-world town hall style voting.
Matic Aave Interest Bearing LINK (MALINK) Storage Key Points
|Coin Name||Matic Aave Interest Bearing LINK|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
Matic Aave Interest Bearing LINK (MALINK) Between the Nether Realm and the world of humans lies a third space — the Ether Realm. Powerful wizards known as Summoners have built arcane magical Portals that allow humans to summon from the Nether to the Ether. However, to complete the process, must be staked with a certain amount of Spirit Force, known in the human realm as Aave-backed ERC20 tokens, or “aTokens”.
Matic Aave Interest Bearing LINK (MALINK) Aavegotchis possess multiple traits that influence their rarity, their performance in mini-games, and the wearables they can equip. Some are generated randomly upon summon, some depend on user interactions with the , and some are even defined by the community.
Upon summon, every is assigned several random trait values using the Chain link VRF random number generator. Trait values are distributed on a bell-curve, and each trait is assigned a value of Common, Uncommon, Rare, or Mythical, depending on its rarity.
Matic Aave Interest Bearing LINK (MALINK) Kinship is your feeling of loyalty towards you. It is not randomly assigned, but rather starts at a fixed value upon summon and increases or decreases based on various factors, such as how long the has been with the same owner, and how often the owner interacts with it. Typically, longer ownership equals higher kinship, but neglecting your for long periods of time will lower its kinship level. aren’t just vessels to store your crypto bags. They’re living, breathing ghosts, and they need your affection!
Some ways to boost your Aavegotchi’s kinship level:
- Aavegotchis are born with a sense of civic duty. Bring your to City Hall and let it vote in ;
- Aavegotchis may be ghosts, but they have voracious appetites! Feed your consumables to see its spooky smile;
- Aavegotchis love trying on new clothes. Equip your with new wearables to forge a lasting bond;
- Aavegotchis love to play! Take your out for a romp in the Realm and level it up playing mini-games.
Matic Aave Interest Bearing LINK (MALINK) Aavegotchis receive experience (XP) for voting in and playing mini-games. can also be sacrificed to remove their collateral stake and transfer it to another . The recipient will receive a percentage of the sacrificed accrued XP. Exact percentage will be determined by the AavegotchiDAO.
Aavegotchis “level up” as they gain more XP. Every few levels, receive one Spirit Point that can be allocated towards increasing or decreasing a certain trait. Some wearables can only be worn by of a certain level.