Arbitrum DAO votes to launch staking as $50M ARB tokens flood the market

The Arbitrum Decentralized Autonomous Organization (DAO) has passed a proposal to introduce ARB staking for the largest Ethereum layer-2 network. Staking initiative The proposal, which received overwhelming community support, aims to launch ARB staking to enhance the token’s utility and governance participation. This initiative seeks to protect the DAO Treasury from potential attacks.... source: https://cryptoslate.com/arbitrum-dao-votes-to-launch-staking-as-50m-arb-tokens-flood-the-market/