Aavegotchi, an impossible token (NFT) protocol focusing on Web3 games, has abandoned the blockchain network polygons of Base, the Ethereum Layer-2 scaling chain, and chose “Go All-in” according to the results of the on-chain voting.
According to Aavegotchi’s governance page, on April 8, Aavegotchi community members voted 93.5% in favor of the proposal to “re-based Aavegotchi” by redeploying the protocol’s smart contract on Polygon.
“Given the close relationship with the basic team and the recent developments of the basic ecosystem (…), Aavegotchi’s most +EV movement (at least in this cycle) is sunset (polygon expansion) and all-in at base.”
The migration reflects Aavegotchi’s efforts to adapt to the slump in the cryptocurrency market in 2025, aggravated last week by President Donald Trump’s plan to charge cleaning fees for most US imports.
Pixelcraft Studios, developer of Aavegotchi, said “I’ve made a big team cut recently to reduce burns and extend the runway,” Dan said. MemeCoins and NFT are one of Web3’s most difficult hit segments to date this year.
The Aavegotchi community has overwhelmingly voted for the move. sauce: aavegotchi
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Polygon’s flat TVL
Aavegotchi’s decision highlights the continued challenges of polygons in maintaining total value locks (TVL) with users in the face of competition with Ethereum Layer-2 chains such as Arbitrum and Base.
According to data from Defillama, Polygon’s TVL has fallen from nearly $10 billion in 2021 to about $725 million as of April 8th. According to data from Defillama, both Base and Arbitrum hold more than $2 billion on TVL.
TVL is a key metric used in DEFI (Distributed Finance) to measure the total amount of assets deposited in a protocol. It not only reflects user trust and adoption, but also serves as an indicator of available liquidity.
According to Dan, Polygon does not offer major updates or features to its gaming protocol. “Polygon does not ship any critical updates or features to the POS to allow for better ecosystem consistency or discovery for the game.”
In recent years, polygon growth has been relatively flat. sauce: Coder and
Meanwhile, “both the bass and the Kimkai stand out as both performance and “Lindy” – they can stand the test of time,” Dan said, adding that he prefers the bass because of the chain’s “stronger retail onboarding.”
Base is an optimistic rollup launched in 2023 by Coinbase, the largest US cryptocurrency exchange.
Aavegotchi was created in collaboration with Pixelcraft Studios and Aave, a decentralized lending protocol.
NFT describes it as “digital collectibles” that can be customized with a variety of wearables, such as hats, glasses and other accessories.
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