The DAO bolstered its framework and community by enabling ARB staking and enhancing token utility and security.
The Arbitrum DAO has approved a temperature check proposal that aims to boost the utility of the ARB token and strengthen governance security.
The proposal garnered overwhelming support with 91% approval from more than 25,000 participants and concluded its onchain voting on Aug. 15.
The core of the proposal focuses on unlocking the utility of the Arbitrum (ARB) token by enabling ARB staking. However, it stops short of distributing fees to tokenholders for now. Instead, it introduces a liquidity-staking ARB token (stARB) through the Tally protocol.
