ELYFI, a DeFi protocol for tokenized real estate, is pleased to announce its partnership with Tally, the largest on-chain governance platform.
ELYFI’s decentralized protocol allows real estate owners to borrow cryptocurrencies by using the property as collateral while lenders receive interest rates and rewards for providing liquidity. ELYFI will be utilizing Tally’s voting dashboard and governance tools to make important decisions related to onboarding off-chain assets and handle any DAO governance and improvement proposals made by its community members.
ELYFI’s initial integration will include adding new proposals for ELYFI governance, creating a voting poll for ELFI token stakeholders, delegating voting power and using Tally’s visualization tools to show results.
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