Wu Blockchain (@WuBlockchain): Tally, a governance tooling platform used by over 500 DAOs including Uniswap, Arbitrum, and ENS, announced it will shut down after six years of operat…
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Tally, a governance tooling platform used by over 500 DAOs including Uniswap, Arbitrum, and ENS, announced it will shut down after six years of operations. CEO Dennison Bertram attributed the decision to a shifting U.S. regulatory climate: he noted that the stricter SEC stance under former Chair Gary Gensler had pushed projects toward DAO-based decentralization to reduce legal risk, while the current, more relaxed environment has reduced demand for DAO governance—and for governance tools.