Lisk Sets Date for Community Vote Deciding on Burning or Investing 25 of Token Supply

Lisk has announced a significant community vote to decide whether to keep or burn 100 million LSK tokens, which represent 25% of the total capped supply of 400 million. The vote will take place on September 24 and run for seven days until October 1st on the newly launched Lisk DAO, using Tally for the voting process. Community members will have two options to consider: allocate the tokens to the Lisk DAO Fund or burn them from the total supply. The Onchain Foundation will not participate in the vote to ensure a fair and community-focused decision-making process. Lisk provides a cost-efficient, fast, and scalable L2 network that is secured by Ethereum and has been democratizing blockchain accessibility for developers and end-users globally since 2016. For more information, please visit lisk.com.