Burning 5.2 million tokens $LSK after the shutdown of the old Lisk network and the remaining staking rewards.
The total supply fell below 295 million tokens after 100 million were burned last September, and tokens owned by the community can be redeemed in January 2027.
Impact:
A strong, positive step toward reducing the total supply and increasing scarcity, positively affecting the project’s liquidity structure and market capitalization in the medium term.
#burn #CryptoUpdate #crypto #LSK
$LSK
The total supply fell below 295 million tokens after 100 million were burned last September, and tokens owned by the community can be redeemed in January 2027.
Impact:
A strong, positive step toward reducing the total supply and increasing scarcity, positively affecting the project’s liquidity structure and market capitalization in the medium term.
#burn #CryptoUpdate #crypto #LSK
$LSK
