TL;DRArbitrum governance power is structurally concentrated in a small set of large wallets, not broadly distributed across the community.40% of the top 20 delegates are pure self-delegations, with effectively zero external accountability from delegators.Delegation was meant to solve participation, but with this concentration pattern it mostly launders capital power rather than encoding real community trust.Key TakeawaysToken-weighted, delegate-based governance can look decentralized while be...

I am not a crypto journalist. I am a DAO governance researcher from India, still learning this space. And maybe that is exactly why this question came to me because I was not too deep inside the ecosystem to miss it. When Tally announced its shutdown, every major crypto outlet covered it. CoinDesk covered it. CryptoPolitan covered it. Twitter threads came from respected governance voices. Everyone repeated the same story: regulatory environment shifted, VC model failed, Ethereum's "infinite g...

Tally.xyz बंद हो गया -- और कोई असली सवाल नहीं पूछ रहालेखक: MconnectDAO | 18 मार्च 2026मैं पिछले कुछ हफ्तों से Tally.xyz नियमित रूप से इस्तेमाल कर रहा था। Proposals track करना, delegates देखना, governance patterns समझना। कल अचानक खबर आई -- Tally बंद हो रहा है। पहले लगा कोई अफवाह होगी। फिर CoinDesk का article पढ़ा। The Block ने confirm किया। Tally के CEO Dennison Bertram ने खुद Twitter पर announce किया। सच था।क्या था Tally.xyz?जब भी Arbitrum पर कोई proposal आता -- कि treasury से पैसे कहाँ जाएँ,...

TL;DRArbitrum governance power is structurally concentrated in a small set of large wallets, not broadly distributed across the community.40% of the top 20 delegates are pure self-delegations, with effectively zero external accountability from delegators.Delegation was meant to solve participation, but with this concentration pattern it mostly launders capital power rather than encoding real community trust.Key TakeawaysToken-weighted, delegate-based governance can look decentralized while be...

I am not a crypto journalist. I am a DAO governance researcher from India, still learning this space. And maybe that is exactly why this question came to me because I was not too deep inside the ecosystem to miss it. When Tally announced its shutdown, every major crypto outlet covered it. CoinDesk covered it. CryptoPolitan covered it. Twitter threads came from respected governance voices. Everyone repeated the same story: regulatory environment shifted, VC model failed, Ethereum's "infinite g...

Tally.xyz बंद हो गया -- और कोई असली सवाल नहीं पूछ रहालेखक: MconnectDAO | 18 मार्च 2026मैं पिछले कुछ हफ्तों से Tally.xyz नियमित रूप से इस्तेमाल कर रहा था। Proposals track करना, delegates देखना, governance patterns समझना। कल अचानक खबर आई -- Tally बंद हो रहा है। पहले लगा कोई अफवाह होगी। फिर CoinDesk का article पढ़ा। The Block ने confirm किया। Tally के CEO Dennison Bertram ने खुद Twitter पर announce किया। सच था।क्या था Tally.xyz?जब भी Arbitrum पर कोई proposal आता -- कि treasury से पैसे कहाँ जाएँ,...