Arbitrove Protocol

Nitro Cartel is an Arbitrum focused DAO, initially governed by a Passport backed by a treasury that will be generating yield and growing the ecosystem.

In addition to being a DAO that will be opining on Arbitrum governance and proponent of an Arbitrum future, we are also going to launch several projects, including:

• A community bridge bringing liquidity and TVL to Arbitrum
• An Arbitrum native currency that’ll be multi-chain

Nitro Cartel will aggressively strive to solve the problem by mobilizing crypto’s citizens into the collective cartelization of financial and human capital.

The Cartel's primary objectives are the following.

1. Bootstrap TVL growth across the Arbitrum ecosystem and allocate members’ capital efficiently & transparently across Arbitrum-native yield-generating strategies
2. Leverage the Cartel's novel governance mechanisms to efficiently to spin up public goods, forever composable with Arbitrums’ leading DeFi protocols.
3. Get rewarded & proportionally distribute any token airdrop from partners and potentially $ARBI token airdrop as a consequence of value-accretive contributions to the Arbitrum ecosystem

Its governance token, TROVE, will be the only token used in Arbitrove, and its holders will be the ones who decide the direction of the project.