According to the Snapshot governance page, Frisson, the head of market operations at Tally, initiated a "Unlocking Token Utility by Enabling ARB Staking" proposal in the Arbitrum community, and the voting will close on August 16. The proposal proposes to unlock ARB utility and improve the governance and security of the Arbitrum protocol by enabling ARB staking, but will not open the distribution of fees to token holders for the time being. Through ARB staking, tokens are entrusted to users who are actively involved in governance, and token holders will be able to capture value. The proposal would also implement a liquidity staking ARB token (stARB) through the Tally protocol, which can automatically compound any future rewards and can be (re) staked and is DeFi compatible. In addition, the proposal sponsors say they will work with the Arbitrum DAO to decide whether and how to fund rewards and distribute rewards between token holders and principals.