Taho

Tally is a platform for on-chain decentralized organizations, it has a MetaMask fork after JPMorgan bought into Consensys.

Basics

• Based in:
• Started in / Announced on:
• Mainnet release:
• To boost On-Chain Governance.

History

• Fka Tally. From their blog (21-2-2023):

"We began by calling out the industry’s biggest and best-funded wallet 🦊 for failing to live up to the values of Web3. And we even named ourselves “Tally Ho,” a playful nod to the fox hunters of yore."

Technology

• Whitepaper can be found [insert here].
• Code can be viewed [insert here].

Implementations

• Built on:
• Programming language used:

Transaction Details

• Capacity (TPS):
• Latency:

Their Other Projects

• Announced the Tally Protocol (20-7-2024):

"The Tally Protocol unlocks the economic potential of governance tokens by providing a liquidity layer for governance staking and restaking, while optimizing the distribution of voting power to drive economic security back to blockchain protocols.

✤ Creates a smart contract layer that allows DAO token holders to mint Tally Liquid Staked Tokens (tLSTs), which make it easy to earn rewards while maintaining voting power and unlocking additional yield opportunities elsewhere.

✤ Enables governance restaking. Users can stake their governance tokens with Tally and receive a tLST in return that can be deposited in restaking systems. The voting power associated with the governance token remains active.

✤ Increases DAO security. Even the largest DAOs today are at risk of attacks due to low participation in governance. The Tally Protocol reactivates voting power held dormant in DeFi smart contracts and centralized exchanges by returning undelegated voting power to the DAO for redistribution. Undelegated tokens staked in the Tally Protocol are also returned to the DAO for redistribution. This way, DAOs can maintain control over their own security while enhancing token utility."

Roadmap

• Can be found [Insert link here].
• From CoinDesk (18-3-2021):

"The project will initially be focused on the Compound ecosystem but works with a number of other platforms."

Audits

• Bug bounty program can be found [insert here].

Team, Funding, Partnerships, etc.

Team

• Full team can be found [here].
• Thesis (18-8-2021)
• Dennison Bertram; founder

Funding

• From CoinDesk (18-3-2021):

"Raised $1.5M. Notation Capital, Castle Island Ventures, 1kx and others invested in the governance dashboard. The project already received $50,000 from the Uniswap grants program."

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