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

$LSK

LSK
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