Tally Unveils New Liquid Staked Governance Protocol on June 20, 2024

On June 20, 2024, Tally unveiled a new liquid staked governance protocol, known as The Tally Protocol. This protocol aims to enhance the value and economic potential of governance tokens by allowing token holders to stake their tokens while still participating in governance activities. According to Tally's CEO and Co-Founder Dennison Bertram, the protocol is designed to address significant challenges faced by decentralized autonomous organizations (DAOs) and aims to provide real value accrual for governance token holders. The Tally Protocol represents a significant advancement in onchain governance and decentralization.