Arbitrove
  • Overview
  • Arbitrove Protocol
  • ALP (Arbitrum Index Token)
    • Composition
    • Protocol Mechanics
  • Trove (Governance Token)
    • Tokenomics
    • Token distribution
  • Technical Documentation
    • Vault
    • Rebalance
    • FeeOracle
    • Address Registry
  • Audit
  • Contract addresses
  • Legal Disclaimer
  • Relavant links
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  1. Trove (Governance Token)

Token distribution

PreviousTokenomicsNextVault

Last updated 1 year ago

Amount of tokens: 1,000,000,000 tokens in total

  • 220 million TROVE/esTROVE will be allocated for incentivizing users of our indices, stakers, and liquidity providers and other purposes.

  • 10 million TROVE will be airdropped to xGRAIL holders.

  • 90 million TROVE will be reserved for other purposes in a treasury.

  • 200 million TROVE will be reserved for the fair launch on Camelot.

  • 330 million esTROVE will be airdropped to Nitro Cartel Passport holders. esTROVE will be non-transferable but stakable for 6 months. After that, holders will have the option to continue staking or to vest their tokens linearly for 1 year into TROVE.

  • 150 million esTROVE will be distributed to current and future team members and contributors. These esTROVE tokens will also be non-transferable but stakable for 6 months. After that, holders will have the option to continue staking or to vest their tokens linearly for 1 year into TROVE.

Starting in September, users will have the option to vest their esTROVE into TROVE instead of staking. The linear vesting period will last 1 year. All esTROVE tokens will be immediately stakable.