Proposal for Ending Lisk DAO and Burning 100 Million LSK
The Lisk (LSK) team has submitted a governance proposal that includes the termination of the Lisk DAO and the burning of 100 million LSK. If the proposal passes, the total supply of LSK will decrease from 400 million to 300 million. The tokens to be burned are the 100 million LSK that were to be allocated to the DAO treasury from 2027 to 2033, and it also includes a plan to transfer approximately 47 million LSK, which will already be allocated or usable by 2026, to Lisk Ltd. This proposal addresses both the token supply structure and the operational framework, eliminating 100 million from the total supply of 400 million, resulting in a nominal supply reduction of 25% if passed. The DAO is an organization where token holders or delegated participants vote to decide on fund execution and operational changes, with the treasury functioning as a communal fund pool. The termination of the DAO can be interpreted as a restructuring of the decision-making framework, while the burning of tokens serves to eliminate the quantity that will enter the treasury in the future. The proposal also includes provisions for stakers to exit without penalty after a three-day waiting period through an emergency unlock. The Lisk chain is scheduled to terminate on October 31. The termination of the DAO, the burning of 100 million LSK, and the transfer of remaining tokens will be executed after the governance proposal is passed.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

US August Non-Farm Data to Impact Crypto Market, Russia Promotes Digital Ruble

Lisk to shut down chain on Oct. 31, pivot to enterprise payments

Lisk Abandons Its Blockchain to Become a Financial Platform

World Liberty Financial Responds to Conflict of Interest Concerns, X to Support Cryptocurrency Trading

Base and Solana account for 97% of the AI agent-to-agent trading share

TOP Crypto AI 2026: Why Comparing Qubic, TAO, Render, FET and NEAR by Price No Longer Makes Sense

Castle lets users convert STRC dividends into Bitcoin

Bitcoin could get the dollar drop bulls want this week without getting the liquidity rally they need

Altcoin Market Drops 58% Since Peak, Anonymous Cryptos Gain 213%

Turbulent Market, Preserved Capital: The Video of Steady Lads' First Anniversary is Here!

Used Car Prices in September 2026: How Much Do the Most Sought-After Models Cost?

MIT Study Warns of Extreme Gaps in Food, Water, and Energy by 2050

Proteomic clocks link accelerated aging to higher risk of death and disease

Qatar Faces Record Quarterly Deficit Since 2016 Following LNG Collapse

Response to Labor Shortage: How Artificial Intelligence is Transforming Ukrainian Business

Innovation Week 2026: AI to be Discussed in 41 Activities

Joe Biden's Son's LAPTOP Memecoin Shunned Before Its First Trade

Kalshi court split could fragment US prediction markets: expert

Wholesale dollar falls below $1.510 and the gap with the ceiling of the band holds at 25%

Tether AI Wallet Spending Limits, WDK Leaves Responsibility to Developers

ETF Flows: How to Read Inflows and Outflows of Capital in Cryptocurrency Funds

Arthur Hayes: Dollar Weakness and Yen Strength Transition Triggering Cryptocurrency Rally

European Funds Leave the US: A Chance for France and Bitcoin?

Nansen becomes first front end to support Outcome.xyz HIP-4 markets

Treasury Bonds: The Darkest Performance in Over 200 Years Reveals a New Paradigm

ChatGPT, Claude, and Grok All Go Down: Why Is Everyone Suspecting Cloudflare?

Changpeng Zhao: Kyrgyzstan has made a leap to become a crypto hub in just one year, a process that usually takes up to 9 years

Weekly Net Purchases by Listed Companies Decrease by 48%, Strategy Did Not Increase Bitcoin Holdings Last Week

Weekly Net Purchases by Listed Companies Decrease by 48% as Strategy Holds No Bitcoin











