ARB Staking: Unlock ARB Utility and Align Governance

Thanks @Frisson for the proposal. We are very excited to have this discussion around potential solutions to tackle the lack of the delegated tokens even for one of the most active governance-equipped DAOs.

We are aware of some issues pointed out by other delegates, but overall, in favor of improving it to be a feasible proposal for the DAO to experiment on. The most important thing that we believe we should try is to introduce a mechanism aligned with the values, effective to work for the price appreciation and governance participation and hard to game on.

We are curious how we can avoid having centralized delegates get staked too much. Just relying on Karma Score over 80 wouldn’t prevent token holders from staking their tokens into “popular” ones. For example, on popular explorers like Keplr for Cosmos DPoS, their UX suggests to avoid delegating tokens to Top X validators. Can we consider introducing such an improvement for more decentralization?

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