Avegotchi bid-to-earn auctions will be starting from July 15, 2021, on Polygon, and the first “Wearables Auction” opens at 2 PM UTC on the same day. There will be a 72-hour window for placing bids before the auction closes on July 18, 2021, at 2 PM UTC.
In traditional auctions, only one person (winner of the auction) benefits. But in this bid-to-earn auction, you can earn a certain percentage on your original bid even if your bid doesn’t win the auction. You will get GHST tokens if you have placed a bid and it gets outbid by another buyer.
There are some limits on earnings for the first auction. You can earn a payout of a minimum of 1%, and a maximum of 10% on your original bid. For example, a bid of 1500 GHST can earn you a minimum of 15 GHST and a maximum of 150 GHST.
There is no minimum for bids in this auction, you even can place a bid as low as 1 GHST.
What’s In The Auction
This auction features items that can be used to modify at least one of the four Aavegotchi’s personality traits: Energy, Aggression, Spookiness, and Brain Size. Equipping important traits will enhance the level of rarity of an Aavegotchi.
- UNCOMMON: Game Controller (500) NRG +1, AGG +1
- RARE: Gamer Jacket (250) NRG +1, AGG +2
- MYTHICAL: VR Headset (50) NRG +2, AGG +3
- UNCOMMON: Steampunk Trousers (500) SPK +2
- RARE: Steampunk Goggles (250) SPK +3
- LEGENDARY: Mechanical Claw (100) AGG+2, SPK +2
- (1000) Gotchi Mugs NRG +1
How To Participate In Aavegotchi Bid-to-Earn Auction
- Go to the Aavegotchi Aauction House
- Click into the Bid Page for an auction you would like to participate in and place your bids
- If you are outbid then you will receive some GHST tokens
- If you win the auction, click the “Claim NFT” button that will appear on your My Bids page to receive the NFT in your wallet.
For more information join Aavegotchi Discord.