# governance

Crypto governance refers to the mechanisms and rules that govern decentralized networks and blockchain protocols. It involves the processes through which decisions are made within these systems, such as protocol upgrades, changes to the network, and the management of resources.

Governance models can vary widely, from on-chain mechanisms like voting with cryptocurrency tokens to off-chain approaches involving discussions and decisions made by core developer teams or community consensus.

Projects

Tally

Tally is a comprehensive platform designed to support the operation of DAOs (Decentralized Autonomous Organizations) on the blockchain. It provides tools for launching DAOs, electing councils, creating proposals, and managing treasuries, emphasizing security and transparency through on-chain governance. Tally aims to make DAO governance more accessible and efficient, serving as a turn-key solution for community building and protocol management.

UMA Protocol

UMA, or Universal Market Access, is a decentralized financial contracts platform built on Ethereum. It enables users to create custom synthetic assets, which are blockchain-based contracts that can track the price of virtually anything. UMA focuses on allowing parties to write self-enforcing smart contracts with economic guarantees, using its unique "priceless" contract design that minimizes the need for on-chain price feeds. It aims to democratize and decentralize the financial derivatives market, making it accessible to anyone, anywhere, without the need for traditional financial intermediaries.