Lisk (LSK), a major cryptocurrency, is planning to shift its platform onto Ethereum's network as a layer 2 solution. The aim is to improved scalability and cater to an influx of new token holders who are expected to join from an upcoming
airdrop. The move is particularly significant as around 25% of Lisk's total token supply is due for a major vote on whether they should be burned or reinvested. As part of its blockchain expansion plans, Lisk plans to back
web3 startups in partnership with the Indonesian Ministry of Communications and Informatics. Lisk has also partnered with Obligate, with a keen eye on accelerating
cryptocurrency adoption in emerging markets. Among other news around Lisk, Binance, one of the world's largest crypto exchanges, has issued risk warnings for several digital assets due to significant changes in tokenomics. Amidst speculations around Lisk's swift network shift to Ethereum and the massive token vote to burn-invest, Lisk's price surged by
10%. Even though Lisk's network is moving towards a major metamorphosis, the community is thrilled about these bold steps and confident about its futuristic applications.
Lisk Coin News Analytics from Sun, 22 May 2016 07:00:00 GMT to Mon, 16 Dec 2024 12:00:00 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -4
