Loading...
Lisk founder Max Kordek announced Lisk's transformation into an enterprise fund management platform, providing account, payment, and approval services. Lisk Chain will be closed on October 31, 2026, and Lisk has partnered with Celo to provide a migration path. Lisk plans to destroy 100 million LSKs in the DAO vault, reducing the total supply from 400 million to 300 million and gradually ending Lisk DAO. LSK will be transformed into a loyalty token for a new platform, with Ethereum and Base as the main networks in the future. Users holding LSK on Lisk Chain must complete the migration to Ethereum before October 31st.