> For the complete documentation index, see [llms.txt](https://arvo.gitbook.io/arvo/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://arvo.gitbook.io/arvo/1.-introduction.md).

# 1. Introduction

Arvo is a treasury-backed protocol that acquires, operates and develops real businesses.

The protocol has been created to build a portfolio of profitable operating businesses capable of generating long-term value. Rather than relying on speculation or token issuance alone, Arvo is designed around the ownership of productive businesses that create measurable economic value.

Profits generated by operating businesses are allocated in accordance with the protocol's capital allocation policy. Following the retention of sufficient capital for operational requirements and future growth, a proportion of distributable profits is contributed to the Treasury.

Arvo combines traditional business ownership with blockchain infrastructure. The Treasury allocates capital into carefully selected acquisition opportunities, while the ARVO token enables governance, staking and participation within the ecosystem.

Operational growth is driven by acquiring businesses that satisfy the protocol's investment framework. As the portfolio expands, the Treasury grows alongside it, providing additional capital to support future acquisitions and the long-term development of the protocol.

This whitepaper sets out the operating model, investment framework, Treasury structure, governance model, tokenomics and reporting standards that underpin Arvo.

***

<figure><img src="/files/TuKpKzFsT3xO04gyO6Ex" alt=""><figcaption></figcaption></figure>

***

{% hint style="info" %} <sub>*Capital is deployed into operating businesses that generate long-term profits. Following the retention of sufficient capital for business growth, 50% of distributable profits are contributed to the Arvo Treasury. The Treasury reinvests this capital into additional businesses, Treasury reserves, stablecoin staking rewards, token buybacks and other governance-approved initiatives, creating a continuous cycle of long-term growth.*</sub>
{% endhint %}