Lisk winds down Lisk Chain and plans to burn 5.23 million LSK

The story so far: Lisk Chain shutdown

Lisk said its chain would stop operating at the end of 2 Nov, with users needing to finish the claim on Ethereum after withdrawals. Lisk has now ended Lisk Chain operations, shutting its portal and bridge, and plans to burn about 5.23 million unallocated LSK from the staking rewards pool.

1. 30 Oct 202614:11 UTC

   Lisk says its chain will shut down on 2 Nov

   Lisk said the Lisk chain will stop operating at the end of 2 Nov. Users who have begun withdrawals should check they completed the prove step and finish the claim on Ethereum once it is available, since a withdrawal only completes after the claim is finalised.

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2. 2 Nov 202616:33 UTC

   Lisk winds down Lisk Chain and plans to burn 5.23 million LSK

   Lisk says it ended Lisk Chain operations on 3 November, shutting its portal and bridge and winding down remaining components. LSK continues on Ethereum as its loyalty token, and about 5.23 million unallocated LSK in the staking rewards pool will be burned.

   AltcoinsCoinNessAIBearish