The Arbitrum DAO approved a proposal to create a staking mechanism for the ARB token on Nov. 6.
The vote follows a community debate on whether to activate staking or not for a number of months now and failed to reach a consensus on the matter for weeks due to disagreements over how the yield would be generated.
Treasury-based rewards
A key point of contention was whether to mint new ARB tokens as rewards for staking. A significant majority of the Arbitrum community was against the idea of diluting the token’s supply.
Ultimately, the latest proposal chose to exclude the option to mint new tokens from the proposal, securing a favorable vote. The proposal will allow ARB token holders to stake their tokens and earn yields directly from the Arbitrum treasury via a 12-month smart contract.
Approximately 1% of the total ARB supply (100 million tokens) will be allocated for staking rewards, with projected annual percentage yields ranging from 7.84% to 78.43%. The percentage will be based on
We współpracy z: https://cryptoslate.com/arbitrum-community-greenlights-staking-proposal-after-new-mint-function-removed/
