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Arbitrum DAO Approves Staking Proposal with 91% Support
Aug 16, 2024, 04:07 AM
Arbitrum DAO has successfully passed a proposal aimed at enhancing the governance and security of the ARB token through staking. The proposal received overwhelming support, with 91% approval from over 25,000 participants. This new initiative will allow users to delegate ARB tokens, enabling them to receive passthrough yield while participating in governance. The approval marks a significant step in addressing governance issues within the Arbitrum ecosystem.
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