The Arbitrum DAO is now live on Tally, an open-source governance platform that allows users to vote on proposals and manage decentralized autonomous organizations (DAOs). This integration marks a significant milestone for Arbitrum, a Layer 2 scaling solution for Ethereum that aims to provide faster and cheaper transactions while maintaining the security and decentralization of the Ethereum network.
With the launch of the Arbitrum DAO on Tally, users can now participate in the governance of the Arbitrum network and vote on proposals that will shape its future development. This includes decisions related to protocol upgrades, fee structures, and other key aspects of the network.
The integration with Tally also brings a range of other benefits for users, including increased transparency and accessibility. Tally provides a user-friendly interface for participating in DAO governance, making it easier for users to engage with the network and have their voices heard.
In addition to its integration with Tally, the Arbitrum network has seen significant growth and adoption in recent months. The network has attracted a growing number of developers and users, with over 450 projects now building on Arbitrum and more than $2 billion in total value locked (TVL) on the network.
The launch of the Arbitrum DAO on Tally represents an important step forward for the Ethereum ecosystem, as it demonstrates the power of decentralized governance and the potential of Layer 2 scaling solutions to support the growth and development of decentralized applications (dApps) and the wider blockchain industry.