Possible to throttle arp requests?

I’m trying to see if this Cisco command is possible on a Mikrotik:

/* Configure ARP throttling on the interface with specified timeout for drop adjacency. */
Router(config-if)# arp drop-adjacency timeout 1200
Router(config-if)# commit

I’m trying to throttle arp so that if something isn’t reachable the router will stop trying to arp for a set amount of time.

I also would be interested in this. If there is a way to implement arp throttling that would be amazing.