Arbitrum Community To Vote On Key Development, Here’s More

cryptostudent.io 1 miesiąc temu

The Arbitrum community will vote to implement ARB staking to unlock wider token utility and align governance. The security mechanism of the Ethereum layer 2 network is also tipped to improve if staking is implemented. Users have lauded the move across social media spaces highlighting potential impacts.
Arbitrum To Implement ARB Staking
Arbitrum delegate and the Head of Marketing at Tally, Frisson has proposed a vote to implement ARB staking on the network. This would improve governance, token utility, and security in the entire ecosystem without distributing fees to token holders at the moment. Per the release, it will implement a stARB, a liquid-staked ARB token with governance participants capturing value.
“The proposal will also implement a liquid staked ARB token (stARB) via the Tally Protocol that enables any future rewards to auto-compound, is (re)stakeable, and is compatible with DeFi. Separately, we will work with the Arbitrum DAO to decide whether and how to fund rewards and

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