The Arbitrum community is considering lowering the minimum voting threshold for proposals to pass from 5% to 4.5%

According to DL News, the governance token ARB of Ethereum Layer2 network Arbitrarum has plummeted by 71% in price over the past year, leading to a significant drop in the voting participation rate of its DAO. Faced with this dilemma, the Arbitrum community is considering lowering the minimum voting threshold required for proposals to pass from 5% to 4.5% in order to revitalize governance vitality. This measure stems from the increasingly serious crisis of governance participation. Data shows that Arbitrum's governance participation has decreased by 50% in the past year, and its token price has dropped by 87% from its historical high. Community representatives pointed out that when contemporary coin holders suffer significant losses, their enthusiasm for participating in governance naturally decreases. This situation not only affects daily decision-making, but may also lead to the failure of high-quality proposals to pass. Some representatives support lowering the threshold as a temporary measure, but the core issue is the lack of actual value in retaining coin holders in the ecosystem.