Lisk (LSK) is a token of a decentralized blockchain platform that has moved to L2 (Layer-2) infrastructure.
Key project facts:
* Transition to Layer-2: In 2024, Lisk completely revamped its architecture, migrating from its own Layer-1 blockchain to Ethereum L2 as part of the Optimism Superchain ecosystem (using OP Stack and Gelato infrastructure).
* Token format: During the transition, LSK migrated to the ERC-20 standard on the Ethereum/Lisk L2 network.
* Main goal: Building a scalable and low-cost L2 ecosystem for decentralized applications (dApps), with a focus on emerging markets and developer convenience.
Token utility (LSK):
* Governance: Voting in the DAO on proposals to develop the network.
* Staking and rewards: Participation in staking programs and ecosystem reward distribution.
* Fee payments: Use the token as an internal currency of the L2 network.
Trading and storage:
* Exchanges: #LSK is traded on major platforms, including Binance, OKX, Kraken, HTX, and Bybit.
* Wallets: Supports any wallets that are compatible with the Ethereum and L2 network (MetaMask, OKX Wallet, Trust Wallet
#lsk/usdt 

