The DeFi world has been booming lately, but there are still a bunch of challenges we need to tackle before it can really hit its stride. One big hurdle is figuring out how to create effective, accessible, and fair ways to govern DeFi protocols.
In the fast-paced DeFi arena, decentralized governance is key to shaping how these protocols operate, evolve, and grow. Tally has spotted a major issue: governance models across different protocols are inconsistent and not up to par. To fix this, Tally is rolling out advanced tools to give token holders the data and insights they need to make informed decisions. This toolkit includes a voting dashboard for various DeFi protocols, governance tools, real-time research and analysis, and more. Tally is all about strengthening the decentralized governance framework, making governance tokens more meaningful, and getting more token holders involved in guiding the future of specific DeFi protocols.
Another big obstacle is the high gas fees on Ethereum, which can make voting super expensive. Tally is teaming up with LimeChain to tackle this, streamlining the process and cutting costs for everyone involved.
With a clear vision in mind, Tally needed a top-notch blockchain developer to boost their in-house team. LimeChain, with its solid track record and knack for handling complex projects, was the perfect fit. Our team’s deep experience with The Graph—aiming to create an indexing and query layer for the decentralized web—made us even more ideal.
"Knowing LimeChain for a while, we were well aware of their great reputation in the Ethereum community, excellent Solidity skills, and ability to take on tough projects," says Tally founder Dennison Bertram. "Plus, their expertise with The Graph’s cutting-edge tech was just what we needed."
Right from the start, we gelled with Tally’s team, setting the stage for a productive partnership. We put together a dedicated team to work closely with Tally, keeping communication open to ensure a smooth development process.
Our tasks included testing and auditing ‘subgraphs’—open APIs built with The Graph’s tech to index key blockchain data, queryable via GraphQL. We also created smart contracts to manage gas refunds, making DeFi governance more affordable.
As decentralized finance (DeFi) continues to gain traction, it’s crucial to clearly explain its benefits to a wide audience. By breaking down the complex processes behind DeFi, Tally is making it easier for more people to get involved. This increased participation is vital for keeping the DeFi space lively and growing.
Right now, Tally is focused on DeFi protocols that use Compound-like governance models. LimeChain is all in on supporting Tally’s growth in the DeFi world, showing our commitment to pushing this transformative technology forward.
In the fast-paced DeFi arena, decentralized governance is key to shaping how these protocols operate, evolve, and grow. Tally has spotted a major issue: governance models across different protocols are inconsistent and not up to par. To fix this, Tally is rolling out advanced tools to give token holders the data and insights they need to make informed decisions. This toolkit includes a voting dashboard for various DeFi protocols, governance tools, real-time research and analysis, and more. Tally is all about strengthening the decentralized governance framework, making governance tokens more meaningful, and getting more token holders involved in guiding the future of specific DeFi protocols.
Another big obstacle is the high gas fees on Ethereum, which can make voting super expensive. Tally is teaming up with LimeChain to tackle this, streamlining the process and cutting costs for everyone involved.
With a clear vision in mind, Tally needed a top-notch blockchain developer to boost their in-house team. LimeChain, with its solid track record and knack for handling complex projects, was the perfect fit. Our team’s deep experience with The Graph—aiming to create an indexing and query layer for the decentralized web—made us even more ideal.
"Knowing LimeChain for a while, we were well aware of their great reputation in the Ethereum community, excellent Solidity skills, and ability to take on tough projects," says Tally founder Dennison Bertram. "Plus, their expertise with The Graph’s cutting-edge tech was just what we needed."
Right from the start, we gelled with Tally’s team, setting the stage for a productive partnership. We put together a dedicated team to work closely with Tally, keeping communication open to ensure a smooth development process.
Our tasks included testing and auditing ‘subgraphs’—open APIs built with The Graph’s tech to index key blockchain data, queryable via GraphQL. We also created smart contracts to manage gas refunds, making DeFi governance more affordable.
As decentralized finance (DeFi) continues to gain traction, it’s crucial to clearly explain its benefits to a wide audience. By breaking down the complex processes behind DeFi, Tally is making it easier for more people to get involved. This increased participation is vital for keeping the DeFi space lively and growing.
Right now, Tally is focused on DeFi protocols that use Compound-like governance models. LimeChain is all in on supporting Tally’s growth in the DeFi world, showing our commitment to pushing this transformative technology forward.
