The Arbitrum DAO is in the midst of voting on a significant proposal that, if approved, would allow ARB holders to lock in their tokens in return for a yield paid out in tokens. The decision, now subject to an ongoing community vote, is scheduled to conclude on November 6.
The governance proposal being voted on presents multiple options for users to decide on the use of the 3.5 billion ARB tokens in treasury funds — or to reject the proposal altogether. It outlines a tiered token allocation system, suggesting that between 1% and 1.75% of the total 10 billion ARB supply be earmarked from the DAO’s treasury for staking rewards.
Of this majority, 53% of the voters are in favor of funding the staking feature with 175 million ARB , which would come from the Arbitrum DAO treasury, which holds a total of 3.5 billion tokens.
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