On-Chain Governance Provider Tally Raises $8M Series A
Powered by @unfolded- Tally has raised $8 million in Series A funding to enhance its on-chain governance technology for decentralized autonomous organizations (DAOs).
- The Tally Protocol provides a comprehensive software stack for effective on-chain governance, utilized by leading protocols such as Arbitrum and Uniswap DAO.
- Tally aims to improve voter participation in DAO governance through new staking mechanisms that economically reward active participants.
- The recent regulatory clarity in the U.S. is expected to increase institutional participation in DAOs, positioning Tally as a key player in advancing decentralized governance.