On August 10, Tally Markets Director Frisson introduced a new proposal to improve governance and enhance security by implementing ARB token staking.
The proposal plans to launch a liquid staking token called stARB through the Tally protocol, and introduce DeFi and Restaking to enable token staking revenue and compound interest, while retaining holders' governance mandates.
Development is expected to begin in August, with a full ARB staking implementation proposal submitted in October. Once the proposal is approved, $2 million in ARB tokens will be provided as development funding.
Tally launched the ARB token staking scheme stARB, aiming to provide ARB with income and enhance liquidity
2024-08-10 12:45:08
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