#LSK is the native token of the Lisk ecosystem, designed to pay fees, stake, and participate in network governance.
Key facts about Lisk and the #LSK token
Migration to Ethereum L2: Lisk is one of the oldest blockchain projects, launched back in 2016 as an independent Layer 1. In May 2024, the project underwent a major technological shift, relaunching as a Layer 2 (L2) solution for Ethereum.
OP Stack technology: The Lisk L2 network is built on the OP Stack (developed by Optimism), uses Gelato infrastructure (Rollup-as-a-Service), and is part of the Optimism Superchain alongside Base and OP Mainnet.
L2 benefits: By moving to L2, Lisk retains Ethereumโs high security while reducing transaction fees by up to 90% compared with major networks.
Ecosystem focus: Lisk is focused on mass Web3 onboarding in emerging markets (Asia, Latin America, and Africa), with an emphasis on the RWA (real-world asset tokenization) and DePIN (decentralized physical infrastructure) sectors.
