Following a 14-day voting course of on whether or not emigrate web3 gaming ecosystem Aavegotchi to Base, a majority of its DAO has authorized the transfer.
With 360 votes in whole, 93% have been in favour of the transfer, which had been proposed by Aavegotchi developer Pixelcraft. Leaving Polygon for Base is just one a part of a wider plan to scale back burn fee and enhance onboarding. The studio just lately downsized its staff considerably.
One other outcome would be the full sunsetting of Aavegotchi’s L3 Geist, which solely launched in November 2024.
The reasoning for this, Pixelcraft founder Coder Dan explains, is that “Mindshare for L3s is constantly down, and cross-chain onboarding initiatives that may allow the thesis are nonetheless months and even years away.”
Regardless of Geist being a good suggestion in concept, he argues that L3s are missing momentum. The downsides to working your individual L3 are loads, together with “isolation, onboarding friction, and prices”.
Debating which community to make its new dwelling, the choices have been both Arbitrum or Base, with Ronin rejected because of its sluggish block occasions. In the long run, the staff determined to choose Base, due to Arbitrum’s “concentrate on DeFi and L3 rollups”, in comparison with Base’s extra frictionless onboarding and higher finish consumer expertise.
Described as “a full, all-in, no-looking-back migration”, virtually it means present Aavegotchi property on Polygon would stay, however they’d change into frozen and unusable. Their sensible contracts shall be upgraded with the intention to forestall transfers, after which the staff will clone all property 1:1 and mint them on Base. This course of is predicted to take as much as six weeks. In line with Coder Dan nonetheless, a lot of the migration has already been carried out.
As for the GOTCHI token and GOTCHI factors, rewards that may at present be earned by burning Alchemica, the proposal is to consolidate these into GHST tokens.
The ultimate sundown of Geist is predicted to be mid-August 2025, so customers are suggested emigrate or withdraw their property earlier than then.
