- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
Tally Raises $1.5M to Boost On-Chain Governance in Compound’s DeFi Ecosystem
Notation Capital, Castle Island Ventures, 1kx and others invested in the governance dashboard.

A startup focused on good governance in the decentralized finance (DeFi) space has raised $1.5 million.
The investment in Tally was joined by Notation Capital, Castle Island Ventures, 1kx, Lemniscap and others.
The firm looks to improve an underdeveloped component of the $44 billion DeFi sector by building an easy-to-use governance dashboard. Protocol elections have yet to lend credence to the “governance token” moniker. Participation has generally remained low on decisions that dictate the fate of platforms with billions in locked value.
“If you look at Uniswap, if you look at Compound, it's difficult to understand what's happening,” Tally founder Dennison Bertram said in an interview. “Part of our mission around transparency is we think that governance works better when people can feel comfortable making a decision.”
The project will initially be focused on the Compound ecosystem but works with a number of other platforms. The project already received $50,000 from the Uniswap grants program.
“When we scale these protocols up, we have to help scale decision-making,” Bertram said. “The governance layer is just the first step to this.”
Zack Seward
Zack Seward is CoinDesk’s contributing editor-at-large. Up until July 2022, he served as CoinDesk’s deputy editor-in-chief. Prior to joining CoinDesk in November 2018, he was the editor-in-chief of Technical.ly, a news site focused on local tech communities on the U.S. East Coast. Before that, Seward worked as a reporter covering business and technology for a pair of NPR member stations, WHYY in Philadelphia and WXXI in Rochester, New York. Seward originally hails from San Francisco and went to college at the University of Chicago. He worked at the PBS NewsHour in Washington, D.C., before attending Columbia’s Graduate School of Journalism.
