╼╾ Nitro Cartel ╼╾ (@nitrocartel) • Hey
The collective for Arbitrum natives incubating Arbitrove.
$TROVE and $ALP staking live at https://arbitrove.finance
Join our Discord: https://discord.gg/T5
Publications
- We are working on deploying Trove Protocol on Avalanche to support the Avalanche version of GMX v2. More details to come!
- The world's first L2 native, immutable, omnichain and trustless BTC solely backed by $wstETH.
wen? 👀
- TVL of $GMLP has surpassed $1,000,000 🔥
Close to 1% of all GMX v2 liquidity is supplied via GMLP.
Let's scale it to $10,000,000 together! 🤝
- TROVE trading fees as well as the TROVE bought back via POL burnt.
- **Say hello to GMLP!**
One click access to **20% APR** providing liquidity on GMX v2.
Diversified exposure to BTC, ETH, LINK, ARB, SOL.
$700,000 TVL now. We are just getting started!
Mint GMLP at https://nitrocartel.finance/gmlp
Swap at Trader Joe https://traderjoexyz.com/arbitrum/trade
- Nitro Cartel Chronicle: August Recap
Did you miss something? We got you covered!
https://medium.com/@nitrocartel/nitro-chronicles-august-recap-7bb3101ea752
- **We're thrilled to unveil Arbitrove v2 — with our renaming to Trove Protocol, omnichain expansion, introduction of GMLP and Aura Strategies.**
https://medium.com/@nitrocartel/arbitrove-v2-unveiled-introducing-trove-protocol-with-omnichain-expansion-gmlp-and-aura-132d50ba3603
This isn't just a rebranding. It’s our evolution, our learnings, and our promise for what's coming. Our new logo? A nod to our origins and the journey ahead.
The inception of Arbitrove Protocol was about bringing top tier Arbitrum assets closer to you. ALP is now the Arbitrum blue-chip index leading in TVL, liquidity, and awareness.
With rapid expansion of Ethereum L2s, our expansion to multiple chains is a sensible step.
We're going big with omnichain integration. This move allows us to be a part of the broader DeFi community. Expect TROVE token upgrade to OFT standard, listings on Omnichain Bridges, introduction of omnichain indices, and more.
To gear up for this, we will partner with leading multi chain DEXs. To begin, we have partnered with Velodrome Finance and Aerodrome Finance, securing veVELO voting power and the upcoming veAERO airdrop to spearhead initiatives in the Optimism and Base ecosystem.
As GMX successfully delivered its anticipated v2 upgrade, we are working on launching GMLP, a natural successor to GLP.
It’s designed to give users easy access to a basket of GM tokens with autocompounding yields and DEX liquidity.
We are also working on Aura Finance strategies. This includes tokenizing their yield-bearing strategies, making them available cross-chain, and supporting their use as collateral on U Protocol.