PANews reported on May 7 that according to DL News, the price of Arbitrum's governance token ARB, a Layer2 network of Ethereum, has plummeted by 71% in the past year, causing a sharp decline 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% to revitalize governance. This move stems from the increasingly serious crisis of governance participation. Data shows that Arbitrum's governance participation has fallen by 50% in the past year, while its token price has fallen by 87% from its historical high. Community representatives pointed out that when token holders suffer significant losses, the enthusiasm for participating in governance naturally decreases. This situation not only affects daily decision-making, but is also likely to result in the failure of high-quality proposals to pass. Some representatives support lowering the threshold as a stopgap measure, but the core problem is that the ecosystem lacks real value to retain coin holders.