Increase Utility of ARB Through Staking: Vote Ongoing

IconCryptoNewsTerminal Staff09 Aug, 2024

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Increase Utility of ARB Through Staking: Vote Ongoing

Arbitrum (ARB) staking is proposed to increase its utility, enhance protocol governance, and improve security. The proposal also includes introducing stARB, a liquid staking token. The vote, initiated by Tally COO Frisson, is ongoing until August 16th and has an approval rating of 99.85%.