Lisk community votes to burn or allocate 100 million LSK tokens to DAO fund

According to TechFlow, blockchain application platform Lisk announced that it will conduct a major community vote on the newly launched Lisk DAO from September 24 to October 1 to decide whether to retain or destroy 100 million LSK tokens, equivalent to 25% of the total supply.

Voting options include:

Allocate 100 million LSK tokens to the Lisk DAO Fund, with 15 million LSK tokens distributed each year from 2027 to 2033, and 10 million in the final year. This will greatly enhance the community’s ability to drive its own projects and support innovation.

Permanently destroying 100 million LSK tokens from the total supply, reducing the total supply by 25% to 300 million, but significantly reducing the power of the DAO.