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.
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