According to PANews, Tally's head of marketing, 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, it is expected that development work will begin in August and a complete ARB staking implementation proposal will be submitted in October. After the proposal is passed, $2 million worth of ARB tokens will be provided as development funds.
