On August 10, Tally Markets Director Frisson introduced a new proposal to improve governance and enhance security by implementing ARB token staking. The proposal plans to launch a liquid staking token called stARB through the Tally protocol, and introduce DeFi and Restaking to enable token staking revenue and compound interest, while retaining holders' governance mandates. Development is expected to begin in August, with a full ARB staking implementation proposal submitted in October. Once the p...
According to the Snapshot governance page, Frisson, the head of market operations at Tally, initiated a "Unlocking Token Utility by Enabling ARB Staking" proposal in the Arbitrum community, and the voting will close on August 16. The proposal proposes to unlock ARB utility and improve the governance and security of the Arbitrum protocol by enabling ARB staking, but will not open the distribution of fees to token holders for the time being. Through ARB staking, tokens are entrusted to an active p...