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Arbitrum DAO approves proposal to enhance ARB token staking #Arbitrum DAO has approved a proposal to enhance $ARB token utility and governance security. With 91% approval from over 25,000 voters, the plan allows #ARB holders to stake their tokens and receive a liquid staked version . This initiative aims to boost voter engagement and prevent governance attacks by offering auto-compounding rewards and integration with #DeFi applications. The proposal also seeks to address the ARB token's limited use and declining voter participation.
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Pixelcraft Studios unveils Geist, new Ethereum Layer-3 gaming blockchain #PixelcraftStudios has announced #Geist , a new #Ethereum #layer3 gaming blockchain designed to address current issues in crypto gaming, like high player turnover and botting. Geist will use technologies from #Arbitrum, #Coinbase, and #Alchemy, and offer an exclusive membership-based system, with #Aavegotchi NFT owners receiving free access. The platform will feature curated games, unique rewards, and an #NFT marketplace, with future staking opportunities for members.
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Sonic Labs unveils an upcoming collaboration with Chainlink #Sonic labs $FTM has recently unveiled on its twitter an upcoming partnership with #ChainLink $LINK , a decentralized oracle network that provides a reliable connection between blockchain smart contracts and external data sources. Sonic labs (previously #Fantom ) is a #layer1 platform with a secure gateway to #Ethereum . The protocol includes a significant incentive program designed to handle over 10,000 transactions per second.
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