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.