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Arbitrove

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Category: Indexes
TVL: $481K

NITRO CARTEL

Nitro Cartel operates a platform of on-chain index vaults called 'Troves', including products like ARBITROVE and ABOUT. Users can deposit assets to mint Trove tokens, redeem them back to underlying assets, or stake them to earn yield. Each Trove tracks a composition of underlying assets with target allocations, deposit/withdrawal fees, and a block cap, with pricing and total value locked (TVL) displayed for each. The platform appears aimed at crypto-native users seeking diversified, yield-generating index exposure within DeFi.
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Funding Rounds

Funding Round: Public Sale
Funding Date: 1 Feb, 2023
Raised Amount: $500K