Arbitrum community launches "Activate ARB Staking" proposal
According to Snapshot governance page on November 3, the Arbitrum community initiated a proposal to "activate ARB staking." The proposal suggests that since ARB has no native utility or earnings, it is recommended to approve the creation of the aforementioned staking contract and allocate 1.75%, 1.5%, 1.25%, or 1% of the total supply of ARB in the DAO treasury to the staking contract, and distribute it through the proposed locking mechanism during a 12-month experimental period.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Builders stories: The architect behind Bitget's 30M views!
Bitget Trading Club Championship (Phase 10)—Trade spot and futures to share 120,000 BGB, up to 2200 BGB per user!
0G (0G, Zero G) Simple Earn Product Launches—Subscribe now to enjoy up to 30% APR!
Announcement on Bitget listing MSFTUSDT STOCK Index perpetual futures
Trending news
MoreCrypto prices
More








