👍👍Massive Token Burn Announcement Came from This Altcoin, The Price Started to Rise! 👍👍
Lisk (LSK) announced that it plans to burn 15% of the total supply and submitted this plan to the Lisk DAO and put it to a community vote. The vote includes the option of burning or transferring 100 million LSK tokens, representing 25% of the total supply, to the DAO.
The company said: "We are holding an important community vote on whether to burn or hold 100 million LSK tokens, representing 25% of the total supply of 400 million. This vote will begin on September 24 and last until October 1. "It will provide an important opportunity to our community in determining the strategic direction of the company," he said.
Following this development, an increase in the price of LSK was observed.
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