Lisk Blockchain Platform Begins Voting on the Future of 100 Million LSK Tokens
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According to Foresight News, blockchain application platform Lisk has begun voting on whether to keep or destroy 100 million LSK tokens, which is 25% of the total supply cap of 400 million. Voting is scheduled to take place on the new Lisk DAO on September 24 and will last for seven days, until October 1.
If the community chooses to allocate DAO funds, 100 million LSK tokens will be distributed to the Lisk DAO funds. These tokens will belong to the fund from 2027 to 2033, with 15 million LSK tokens distributed annually for six years, and 10 million in the seventh year.
If the community chooses to crash, 100 million LSK tokens will be permanently removed from the total supply. This decision will have a significant impact on the future of the Lisk platform and its token economy.
