Add GHST stake to the Umbria Narni Bridge: A proposal to benefit the Aavegotchi community

Current functionality for $GHST holders

The proposal and its benefits

  1. The Aavegotchi DAO will earn a 0.2% bridging fee whenever anyone uses the bridge to migrate GHST tokens between Ethereum and Polygon. So across time, the Aavegotchi DAO will make money. If the Narni bridge ever becomes an unnecessary solution, the Aavegotchi DAO can easily remove its liquidity and enjoy the profit.
  2. Transactions up to approximately $21,000 of GHST will be possible.
  3. The Aavegotchi community will learn about the other uses of the Narni bridge — ie it enables migration of numerous digital assets for a fraction of the gas price of other solutions.
  • ETH average cost $4 — time 4 minutes compared to > 1 hour
  • USDT average cost $9 — time 4 minutes compared to > 1 hour
  • USDC average cost $9 — time 4 minutes compared to > 1 hour
  • MATIC average cost $9 — time 4 minutes compared to > 7 days

Voting

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