PANews reported on August 10 that according to the Snapshot governance page, Tally market director Frisson has proposed a new proposal to improve governance mechanisms and enhance security by implementing ARB token staking. The proposal plans to launch a liquid staking token called stARB through the Tally protocol and introduce DeFi and Restaking to achieve token staking income and compound interest while retaining the governance delegation rights of holders. The vote is scheduled to end on August 16. If it passes smoothly, development work is expected to begin in August and a complete ARB staking implementation proposal will be submitted in October. After the proposal is passed, ARB tokens worth $2 million will be provided as development funds.