#LISK Legendary Short Killer 🔥🔥🔥 Could it climb to 2.3

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#LISK Legendary Short Killer 🔥🔥🔥 Could it climb to 2.3 again? After burning 100M tokens, Lisk will migrate everything to ETH and shut down Liskchain before 2/11. Be sure to withdraw all your tokens and bridge them to ETH before 2/11.

Since launching in 2016, LISK has completely transformed the way it operates—a move considered a revolution for LISK DAO. After the turning point on 2/11, can LISK reclaim the $2.3 mark it reached in September 2026?

DYOR ⛔️ Not an investment recommendation, but take a close look at LISK’s metrics before shorting $LSK Follow Cái Bang 👈 for the latest news about tokens with games

Binance News

Lisk Starts Burning 100 Million LSK Tokens After DAO Proposal Passes

Ethereum L2 network Lisk said it has started the process of burning 100 million LSK tokens, which would reduce total supply from 400 million to 300 million once completed. According to Foresight News, the burn follows approval of a DAO proposal covering tokens originally scheduled to vest to the Lisk DAO treasury from 2027 to 2033, including 15 million tokens each year from 2027 to 2032 and 10 million tokens in 2033.

Lisk said project and ecosystem growth activities will again be fully funded by the Onchain Foundation, allowing most of the DAO treasury tokens to be burned. The company said the move will significantly reduce LSK supply and lower ongoing selling pressure. Lisk Chain will close on October 31, and users holding funds must bridge assets to Ethereum before then. The bridge process takes about 8 days, while unlocking and unstaking require an additional 3-day waiting period. Staking users can unlock without penalty.

ETH-5.50%

LSK+4.84%