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👋 Tally, a governance tools platform used by more than 500 DAOs, including Uniswap, Arbitrum, and ENS, announced its closure after 6 years of operation.
The CEO attributed this decision to changes in the regulatory climate in the United States: he noted that the stricter stance by the SEC under former chair Gary Gensler pushed projects toward DAO-based decentralization to reduce legal risks, while the current, more relaxed environment has reduced demand for DAO governance — and for governance tools. theblock