Lisk Winds Down DAO and Chain, to Burn 100M LSK
Lisk will discontinue its DAO and shut down Lisk Chain on October 31, 2026, as the project refocuses on a new product now in early access.
The proposal burns the DAO treasury tokens vested for 2027 to 2033, roughly 100M LSK, to sharply cut the total supply, and moves the rest of the treasury to Lisk Ltd to fund the new Lisk. Ecosystem costs will no longer be paid in LSK, which the team says had created heavy sell pressure and driven the token's decline.
Lisk framed the reset as a response to L2s struggling to route revenue back to their token. Staking also becomes more flexible: emergency unlock is enabled without penalty and rewards are only guaranteed until the chain shuts down.
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