Scaling Token Value and Governance: Tally Product Updates
Launching the HYPER token, MultiGov®, OBOL Staking, Arbitrum Security Council
Tally continues to ship new products to advance on-chain governance and expand token utility for crypto’s leading protocols. From cross-chain governance with MultiGov®, staking for OBOL, and launching the HYPER token, Tally is building infrastructure to help institutional-grade tokens launch, govern, and grow.
Let’s take a closer look ⬎
Expanding cross-Chain governance with MultiGov®
MultiGov® is live on Tally, bringing seamless cross-chain governance to the Wormhole DAO.
On May 23rd, the Wormhole DAO successfully passed its first two proposals using MultiGov® on Tally. With MultiGov®, protocols can coordinate governance actions across multiple blockchains with a unified interface.
The first two proposals included 3,500+ voters using 870M+ in $W (~$73M) to vote. Both proposals received 99.74% FOR results.
MultiGov® represents an important step forward for on-chain governance, enabling DAOs to govern complex, multi-chain ecosystems with a cohesive experience for tokenholders. MultiGov® removes network boundaries, expands the design space for protocol governance, and unlocks new models of participation and coordination.
WIP-1: Ratification of Code of Conduct for Wormhole Governance
WIP-2: Ratification of Wormhole Governance Proposal Process
Learn more about MultiGov
OBOL Staking is live
OBOL tokenholders can now stake OBOL and receive stOBOL.
stOBOL enables token holders to earn rewards and participate in governance simultaneously. By staking OBOL, users contribute to Obol’s effort to decentralize Ethereum’s validator infrastructure while retaining liquidity and utility. Obol staking aligns tokenholder and protocol incentives, driving deeper engagement and supporting protocol growth.
OBOL staking currently secures 6.35M OBOL with $823.11K in protocol TVL and 50.40% APY.
How stOBOL works
1. Stake OBOL on Tally: Deposit OBOL tokens into the staking vault at stake.obol.org
2. Receive stOBOL: Stakers receive stOBOL, a liquid, yield-bearing token that represents the staked position
3. Auto-compound rewards: stOBOL accrues staking rewards automatically, increasing in value over time without the need for manual claims or restaking
4. Maintain full governance rights: stOBOL holders retain full governance capabilities, including voting on proposals and delegating voting power
5. Participate in DeFi: Utilize stOBOL across DeFi platforms, leveraging its liquidity while maintaining staking rewards and governance participation
Stake your OBOL here
Learn more about OBOL Staking
Staking activation flows
We introduced new staking entry points throughout the product to accelerate staking adoption. DAOs without staking now see a staking hub on its homepage highlighting benefits and activation steps.
Additionally, we launched a Tally Staking page to highlight the importance value accrual mechanisms for tokens and how Tally Staking works. The page showcases Tally’s staking features, current adoption, and frequently asked questions.
Arbitrum Security Council Election
The fourth Arbitrum Security Council election was successfully completed on Tally.
Arbitrum Security Council elections play a critical role in safeguarding the Arbitrum protocol. Elections empower the community to elect trusted members responsible for managing emergency upgrades and on-chain actions.
Security Council elections feature a custom two-round system with built-in compliance checks and voting interfaces. Elections are fully integrated into the Arbitrum DAO’s existing governance framework.
Tally remains committed to enabling secure, transparent elections and continuing to support the Arbitrum DAO’s mission.
View the results of the election
Learn more about Security Council elections
HYPER launches on Tally
Hyperlane partnered with Tally to launch the HYPER token with native claim support across five blockchains. The HYPER launch saw over 235,000 addresses to claim nearly 70 million HYPER through Tally’s institutional-grade software stack.
Tally delivered custom registration flows, cross-chain airdrop logic, and optimized wallet UX to ensure a seamless, secure claiming experience across Base, Ethereum, Arbitrum, Optimism, and BNB Chain. As Hyperlane expands its interoperability framework, Tally’s tools provide a foundation for future token growth and value accrual.
Read the HYPER case study
Launch your token on Tally
Looking Ahead
As protocols continue to scale governance and create token utility, Tally remains committed to building infrastructure to launch, manage, and grow institutional-grade tokens.
Stay tuned for the latest updates on the Tally ecosystem.
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