Coinspeaker
Arbitrum DAO Greenlights ARB Staking Proposal
The Arbitrum DAO has approved a key proposal focused on increasing the utility of the ARB token and bolstering governance security. The initiative, which received overwhelming support with 91% of over 25,000 participants voting in favor during an on-chain poll, highlights the strong backing from the Arbitrum community.
Introduction of Liquid Staking
The proposal’s approval paves the way for a new staking mechanism for ARB token holders. When users stake their ARB tokens, they will receive a liquid staked token called stARB, which will represent their staked assets. This token will provide benefits like auto-compounding rewards and options for restaking. Moreover, stARB will be integrated with multiple decentralized finance (DeFi) applications, expanding its functionality within the ecosystem.
Arbitrum plans to implement this staking system using Tally’s liquid staking token model, which is based on the Unistaker
We współpracy z: https://www.coinspeaker.com/arbitrum-dao-greenlights-arb-staking-proposal/
