Tally initiated the launch of stARB, an ARB token pledge program designed to provide income and enhance liquidity for ARB
Frisson, Head of Markets at Tally, has put forward a new proposal that aims to enhance governance mechanisms and increase security through the implementation of ARB token pledges.
The proposal plans to introduce a liquid pledge token called stARB through the Tally protocol and introduce DeFi and Restaking to enable token pledge gains and compounding while retaining the holder's governance delegation.
Development is expected to begin in August, with a full ARB pledge implementation proposal to be submitted in October. Upon approval of the proposal, $2 million in ARB tokens will be made available to fund development.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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