Tally product features

Optimize Governance with the Tally Protocol.

• The Problem: The incentives for participating in DAOs are broken. Token holders are asked to actively manage and govern multi-billion dollar protocols at their own expense. Large delegates fund their critical research and operations via inconsistent grants or retroactive funding. Token holders hold illiquid unproductive assets with little or no incentive to participate.
• The Answer: 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. Returning voting power to the DAO, rewarding delegates for contributions, and allowing staked token holders to participate in DeFi.

To support protocol governance on specific networks through Tally, the network where the DAO's Governor contracts are deployed must first be integrated into the Tally platform.

• Tally makes it easy to add custom network support on the Tally platform. By adding chain support on Tally, protocols take full advantage of our toolset, including innovations like MultiGov™, Relay, & all of Tally's traditional proposal & delegation features.
• The Tally team of engineers has integrated over 50 chains into the Tally platform & makes the support process easy so you can start governing with ease as soon as possible.

Tally's no-code proposal creator makes complex DAO proposals simple. Get paid, change parameters, mint tokens, and more with just a few steps.

• Onchain proposals are how DAOs operate. From paying contributors, upgrading the protocol, or electing security council members, onchain proposals move organizational decisions into action.
• Tally’s onchain proposal features offer solutions for the most experienced DAO operators & the DAO beginner. Create proposals with Tally’s no-code proposal creator, run proposal simulators, use Diff Checker to catch any mistakes, and execute MEV protected treasury swaps directly on Tally.

Streamline your DAOs operations. Optimistic Governance allows a small group of decision-makers to propose changes quicker than the normal Governance process. Subject to a veto from the DAO community.

• The traditional governance process requires a quorum achieved through a full DAO vote; with Optimistic Governance, a small council is elected by the DAO to propose & execute changes to the DAO without the tedious process of traditional onchain governance.
• All proposed changes enter a timelock where DAO members can veto malicious proposals or proposals the community deems incorrect before its executed onchain.
• Optimistic Governance is built on the same battle-tested, open source governance framework as all DAOs on Tally. (Open Zeppelin Governor)

Tally Zero is a completely decentralized voting application designed to facilitate onchain voting via the InterPlanetary File System (IPFS).

• Tally Zero serves as a fundamental tool to ensure people can always vote onchain, even if all the more complex front ends, like Tally, are offline.

• Onchain Voting on the application allows users to connect to any governor address and vote on a proposal in a completely decentralized manner. This ensures that the voting process is transparent, secure, and tamper-proof
• In June 2023, AWS had a compute outage that affected Tally during a big vote in the Aribtrum DAO. Voting through the outage was made possible by Tally Zero. Read the full story here.