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What can you do with Arbitrove Protocol?
Store/Hold Arbitrove Protocol
Many users hold on to their Arbitrove Protocol with the expectation of it increasing in value. You can store your TROVE safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.
Trade Arbitrove Protocol
You can trade Arbitrove Protocol for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Arbitrove Protocol trading to meet your needs.
Send Arbitrove Protocol
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Arbitrove Protocol online and send to anyone and anywhere with their Arbitrove Protocol address.
Spend Arbitrove Protocol
You can also buy goods and services with your Arbitrove Protocol. More and more vendors and retailers accept Arbitrove Protocol every day.
Donate Arbitrove Protocol
Bitget Charity accepts Arbitrove Protocol donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Arbitrove Protocol so no one misses out on the growth made possible by blockchain.
Learn More About Arbitrove Protocol
You can read more in-depth articles on Arbitrove Protocol from Bitget Research and study how cryptocurrencies like Arbitrove Protocol work on Bitget Academy
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What is Arbitrove (TROVE)?
Arbitrove is a newly launched yield-bearing index product launched by the Nitro Cartel team with a basket of Arbitrum-native assets, designed to address the issue of overwhelming and time-consuming navigation for new users while providing real yield and diversification for experienced users, and it aims to solve the liquidity and slippage issue encountered by investors, with plans to grow the functionality of its first index product, ALP, and to launch vertical-specific indices, with TROVE as its governance token.
How Arbitrove Protocol (TROVE) Works
Arbitrove's yield-bearing index vaults are based on ALP, which enables exposure to a blue-chip Arbitrum index. The composition of ALP includes GMX, MAGIC, GRAIL, DPX, JONES, RDNT, and GNS. Users can deposit various assets, including ETH and blue-chip Arbitrum tokens, to mint ALP, and fees for minting and redeeming ALP are dynamically adjusted based on the difference between the index and target composition. ALP can be staked on Arbitrove to earn esTROVE and the organic yield generated from single-coin staking, LP farming, and potentially lending out assets. Yield is directed to a separate contract and shared with the ALP holders. After the fee switch is turned on, yield is also shared with TROVE stakers.
How Many Arbitrove (TROVE) Tokens Are in Circulation?
The total supply of TROVE is 1,000,000,000. Its circulating supply is not known.
How to Buy Arbitrove (TROVE)
Consider investing in Arbitrove (TROVE)? It only takes 2 minutes to create an account on Bitget and start trading TROVE.
Check out the available TROVE trading pairs on Bitget!
Spot market
Arbitrove (TROVE) Resources
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