Arbitrum DAO Approves Staking Proposal to Boost Token Utility and Security
The temperature check proposal passed with 91% approval from over 25,000 participants.

The temperature check proposal passed with 91% approval from over 25,000 participants.
Cryptocurrency market sees mainstream adoption surge amid Bitcoin halving and BTC ETFs buzz. Whales diversify into promising altcoins like Toncoin, Cardano, Arbitrum, and Mollars, anticipating significant gains.
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The specific allotment will be determined by the DAO through snapshot voting, subject to approval by counting votes. The proposed plan aims to distribute ARB to protocols within a 12-week timeframe, with any remaining funds slated to be returned to the DAO.
As the market awaits ARB's price action, the forecasted breakout above $2 remains a focal point for investors in 2024, potentially reshaping ARB's trajectory in the first half of the year.
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