Lisk announces the date of a significant community vote for whether to keep or burn 100 million LSK tokens, representing 25% of the total capped supply of 400m
announces the date of a significant community vote for whether to keep or burn 100 million LSK tokens, representing 25% of the total capped supply of 400m. This community vote will offer the Lisk community a major opportunity to influence the strategic direction of the Lisk project through the newly launched Lisk DAO.
The vote comes at a pivotal moment, following Lisk's migration from a L1 to a L2 as a member of the Optimism Superchain.Following Lisk’s decision to allow the community to determine the future of 100 million LSK tokens, which was announced on April 4, 2024 in the blog post “LSK 2.
To ensure a fair and community-focused decision-making process, the Onchain Foundation will not participate in the vote. This empowers the community members to have the final say in how these tokens are utilized.provides a cost-efficient fast and scalable L2 network that is secured by Ethereum. As a long-standing Web3 infrastructure project, Lisk has been democratizing blockchain accessibility for developers and end users globally since 2016.
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