How Arbitrum wants to solve its $1.8B voter apathy problem

Arbitrum DAO members are voting on changes to its ARB token, including a staking proposal, to protect its roughly $1.8 billion treasury from hostile takeover by malicious actors rather than hackers. Delegate Frisson wrote in the governance forum that voter participation has been steadily declining while attacking the treasury is becoming economically attractive, citing the $25 million governance attack on Compound DAO in July. Frisson's proposal would let ARB holders stake their tokens for a modest annualised reward and receive liquid staked IOU tokens, though he scrapped the originally planned funding from sequencer fees after conflict-of-interest concerns. A formal vote is not expected until October.