$LSK Cat Ha Cai Bang greets the LiskChain long team, brothers! Important things to keep an eye on for LSK in the new week 👈
🔥 On 3/11, LiskChain will officially shut down, moving all operations to Ethereum and switching to a model focused on developing an ecosystem of projects around the native LSK token (current and upcoming projects will use LSK tokens only for transaction fees, staking, rewards, etc.).
🔥 The Binance hacker has sold all 9.268M LSK, and the selling pressure has ended. As promised by Binance, it will buy back an equivalent amount of LSK to compensate users for their losses. The hacker story is over.
🔥 Onchain Founding has resumed its buyback and burn program, with a $4M fund (20M LSK) expected to be used for buybacks from 1/11 to 31/12.
🔥 Total supply: 400M; 100M burned, with another 20M about to be burned. Supply will only become more deflationary in the future, so the remaining 280M will continue to decrease through Onchain Founding's buyback program.
DYOR: don't listen to anyone else—do your own research into the project. Or follow Cai Bang 👈 for the latest news on promising projects!
⛔️ Open interest analysis: over the past 24 hours, OI fell slightly by 14% to 175M. The leaders remain MEXC, Binance, Bybit, and Gate. Interest rates have remained high for the fourth consecutive day. Spot trading is quite active, with Upbit and Binance leading in spot liquidity.
🔥 On 3/11, LiskChain will officially shut down, moving all operations to Ethereum and switching to a model focused on developing an ecosystem of projects around the native LSK token (current and upcoming projects will use LSK tokens only for transaction fees, staking, rewards, etc.).
🔥 The Binance hacker has sold all 9.268M LSK, and the selling pressure has ended. As promised by Binance, it will buy back an equivalent amount of LSK to compensate users for their losses. The hacker story is over.
🔥 Onchain Founding has resumed its buyback and burn program, with a $4M fund (20M LSK) expected to be used for buybacks from 1/11 to 31/12.
🔥 Total supply: 400M; 100M burned, with another 20M about to be burned. Supply will only become more deflationary in the future, so the remaining 280M will continue to decrease through Onchain Founding's buyback program.
DYOR: don't listen to anyone else—do your own research into the project. Or follow Cai Bang 👈 for the latest news on promising projects!
⛔️ Open interest analysis: over the past 24 hours, OI fell slightly by 14% to 175M. The leaders remain MEXC, Binance, Bybit, and Gate. Interest rates have remained high for the fourth consecutive day. Spot trading is quite active, with Upbit and Binance leading in spot liquidity.
