According to PANews, a new proposal has been introduced by Tally's market director, Frisson, on the Snapshot governance page. The proposal aims to enhance the governance mechanism and security by implementing ARB token staking. The plan involves launching a liquid staking token named stARB through the Tally protocol and introducing DeFi and Restaking to achieve staking yields and compounding, while retaining governance delegation rights for holders.
The voting on this proposal is scheduled to conclude on August 16. If approved, development work is expected to commence in August, with a complete ARB staking implementation proposal to be submitted by October. Additionally, the proposal includes a provision for $2 million worth of ARB tokens to be allocated as development funds upon approval.
