Token holders will be able to stake in the Tally Protocol and receive a Tally Liquid Staked Token (tLST) that earns rewards, can be used for financial utility anywhere in crypto, and allows them to maintain their governance power
NEW YORK–(BUSINESS WIRE)–Tally, the premier on-chain governance platform, today announced the Tally Protocol. The Tally Protocol makes it easy for governance token holders to take advantage of opportunities to earn staking and restaking rewards while maintaining their voting rights and liquidity. The protocol offers a powerful solution for DAOs seeking to engage and incentivize their token holders while ensuring the long-term sustainability of their communities.
“DAOs are an essential piece of on-chain infrastructure,” said Tally Chief Executive Officer Dennison Bertram. “Fixing the incentives in governance benefits both DAO token holders and delegates. This strengthens security and rewards the people and organizations who do the hard w
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