Core Proposals AGIP 57 & 58 Hit the AavegotchiDAO Snapshot Page

Two new Core Proposals are live for voting on the official Aavegotchi Snapshot, including the following: Establish the “Core Framework” Guiding Wearable Release - Forge Proposal and Launch Round 2 Parcel Rolls. Keep reading to get the full scoop of each Proposal, join the discussion on the official AavegotchiDAO forum, and then finally head into Snapshot to cast your vote!

Please examine each proposal carefully before voting. If a CoreProp reaches quorum, XP will be sent to all voting wallets’ Aavegotchis regardless of which side of the results one is on.

The votes are open for the following seven days. Plenty of time to consider, discuss and VOTE at the AavegotchiDAO Snapshot.

Now, let’s have a look at these two Core Proposals, shall we?

[AGIP 57] Establish the “Core Framework” Guiding Wearable Release - Forge Proposal

Author: Dr Wagmi (Dr Wagmi#6629)
GotchiID: 16635
Quorum requirement: 20% (9M)
Vote duration: 7 days
XP Reward: 20 XP for each Aavegotchi in the voter’s walletDiscourse Thread: https://dao.aavegotchi.com/t/the-forge-aalloys-essence-and-smithing-a-massive-proposal/4432

The Core Framework: A Proposal for Responsibly Managing Aavegotchi Wearables Emissions

Core Framework Written Summary: https://docs.google.com/document/d/1HTBNQqIVzvENiNmCL3kKAvgdKzcs4nWgyyVHvmX_ONQ/edit?usp=sharing

Core Framework Ratios, Calculations and Proposed Sale: https://docs.google.com/spreadsheets/d/1Jk6O3zzsOIBmy1OwQlBsy0LWPQZrjxsWmlY2YCMz2iw/edit?usp=sharing

These documents, prepared by The Forge Team, constitutes our recommended framework for the DAO to responsibly manage the future emissions of additional cores, and thus the increase of wearables supply.

The supply of cores, as defined in The Forge Litepaper, is the lever by which the protocol controls how many wearables can be forged on a rarity and slot basis. We are proposing three key ratios to be set by the DAO and used for managing the supply of cores in the future:

1. The ratio of total wearables to total gotchis.
The Forge Team proposes an increase in the rate of wearables to gotchis from current state of 4.2/gotchi to 4.3/gotchi (approximately 2.6% increase).

2. The ratio of each rarity tier to the total number of wearables.
The Forge Team is not proposing any modifications to the ratios between rarity tiers.

3. The ratio of each wearable slot to the total number of wearables.
The Forge Team recommends the following slot ratios:

We propose that the DAO should use the above key ratios to determine when to release additional cores, as well as how new cores should be distributed between rarities and slots. These ratios result in an initial addition of 2158 total cores across 15 different core types (out of 36 total).

The Core Framework will need to be maintained to include recent, relevant market data and evolutions in the market and the Aavegotchi protocol. Additional Core or Alloy sales must pass a core proposal outlining the specific sale and reasoning. If this Core Framework is accepted by the DAO, it will be included in a large Core Proposal to launch The Forge.

Option 1: Yes, Accept the Core Framework
Option 2: No. Reject this Framework.

[AGIP 58] Launch Round 2 Parcel VRF Rolls

Author: Dr Wagmi (Dr Wagmi#6629)
GotchiID: 16635
Quorum requirement: 20% (9M)
Vote duration: 7 days
XP Reward: 20 XP for each Aavegotchi in the voter’s wallet
Discourse Thread: https://dao.aavegotchi.com/t/second-round-vrf-rolls-for-parcels/4602

I propose that we implement the round 2 parcel roll by early February.

The predominant discussions and farming emissions design specifically outlined a re-roll at 6 months. Many of the most invested and long-standing members of the Gotchiverse specifically designed their farming strategy around this shared understanding. Numerous DAO members helped contribute to the current recipes and mathematics specifically with that timetable in mind.

There are additional reasons to implement the round 2 rolls:

We have an opportunity to meet our commitments as a DAO, even if the Gotchiverse deliverable of a great battle is not quite ready
We can set a precedent for supporting asset holders and contributing members of our ecosystem
We will encourage further investment from current community members and be a more attractive investment to newcomers if we establish a pattern of reliability
Gotchiverse land owners have been especially harmed by macro market conditions and gotchiverse-specific market trends. This is one small effort to support those investing time and resources into the Gotchiverse
We are pushing for a higher farming to channeling ratio of alchemica emissions which this would support
It is more attractive to invest in the alchemica spending competition (and land in general) with a definitive round 2 plan
It is a targeted nerf/rug to those most supporting the ecosystem to intentionally delay rerolls
The hopeful time frame of an April Great Battle is also not definitive and susceptible to delays given the complexity of the current roadmap and desired focus on PVP

There are notable potential cons to consider:

Increased overall alchemica emissions if invested farmers have round 2 alchemica to farm
Mismatch of new rounds to the anticipated lore of a Great Battle followed by the new round

On the 1/8 DAO call, coderdan specifically stated it is a small dev lift to implement the next round of re-rolls, so this should not cause any major delays or change in shipping priorities. As thoroughly discussed in DAO discussion, both paths are reasonable, and I appreciate the formal DAO temperature check with this sig prop.

Option 1: Yes. Launch Round 2 Parcel Roll
Option 2: No. Wait until the Great Battle

XP Reminder

Your participation in Aavegotchi governance is valuable to the project and to your own Aavegotchis! Each Aavegotchi you own will earn 20 XP for your voting in each individual CoreProp. That’s 40 XP total! The XP is airdropped directly to your Aavegotchis in the week or so following the conclusion of the vote.

Your Aavegotchis earn XP irregardless of whether you vote for or against any particular proposal.

Conclusion

Make sure you join the discussion threads before voting, as it is very important to hear any concerns that are not addressed in the original verbatim proposals. Once you’ve heard from both the bulls and bears it’s time to put your voting power to use!

AGIP 57 Vote
AGIP 58 Vote

Stay spooky frens,
Aavegotchi Team

About Aavegotchi

Aavegotchi is an open-source, community owned NFT gaming protocol, enabling true asset ownership for gamers. Aavegotchi NFTs are on-chain collectible ghosts staked with Aave’s interest-generating aTokens.

Compete for player rewards by earning XP, leveling up, and increasing the rarity of your Aavegotchi fren. Aavegotchi is governed by the AavegotchiDAO and the native eco-governance token GHST. Visit Aavegotchi.com today and join the future of DeFi-staked NFT avatars!

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Gotchiverse Docs: https://docs.gotchiverse.io/

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