End of Arbitrum Support on Tally

General
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Hello folks, Dennison from Tally here. Just wanted to give a quick update on the end-of-service for Arbitrum.

As you know Tally is closing its doors. It’s been a pleasure and honor, but unfortunately we’re not going to be with you folks in the future. Support for Arbitrum will cease at the end of this round of Security Council elections. No other enterprise organizations are affected.

The Arbitrum Foundation has withdrawn from an agreement to license the software in perpetuity and MIT open source it for the Arbitrum ecosystem and beyond. They are vibe-coding their own interface for the Arbitrum DAO [link removed by moderator].

As long time members of the DAO, we have our own opinions on the fiscal wisdom of attempting to rebuild battle-tested software that has safely and securely transferred over $1b on such short notice.

Every story is one that might have gone another way in another time and place. It was a pleasure to serve the DAO.

Arbitrum everywhere.

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Thank you for everything you have done. You did an incredible job. It is clear that Tally’s closure was because the underlying social system (DAOs) have not yet been sufficiently formed. Tally was built for millions of participants, but the ecosystem produced only thousands. So this was a formation failure before it was a scaling failure.

Even the largest DAOs out there don’t generate enough depth to sustain a full governance tooling market. So, the closure is strong evidence of a larger formation problem in DAO governance that goes beyond just one company. It is just one manifestation of a wider governance formation problem across crypto.

And until that is understood and efforts are made to make the changes needed, other tools like Tally will always struggle, no matter how good they are. And Tally truly was excellent. I wish you the very best what whatever you choose to do next.