Lisk

Lisk
2026-08-26 08:58:46

Lisk Chain to shut down on Oct. 31 as Lisk offers optional migration path to Celo

Lisk said it is changing course and will focus on building a modern treasury operations platform for finance teams. As part of that shift, the Ethereum layer-2 network’s Lisk Chain will officially shut down on Oct. 31, though the network will continue operating normally until that date. Lisk also said projects currently deployed on the chain can choose to migrate to Celo through an available transition path. The company stressed that the move is optional rather than mandatory, leaving each team to decide based on its own product needs, user base, and technical considerations. The update was disclosed in a post published by Lisk on X.

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Lisk Chain to shut down on Oct. 31 as Lisk offers optional migration path to Celo
Lisk
2026-08-25 15:59:37

Lisk to shut down Lisk Chain and wind down DAO as it pivots to a corporate treasury platform

Lisk said it is abandoning its legacy blockchain-focused structure and repositioning itself as a modern treasury operations platform for corporate finance teams. Founder Max Kordek announced on Aug. 25 that the company will focus on accounts, payments and approval workflows, targeting businesses that operate across multiple entities and jurisdictions while using both fiat and stablecoins. Eligible companies already have access to an Early Access version of the platform. The company said the product currently supports unified management of bank and stablecoin accounts, bank transfers, stablecoin payments and collections, and role-based payment approvals. It also plans to expand into corporate cards, non-custodial treasury management and payroll integrations. As part of the shift, Lisk Chain will shut down on Oct. 31, 2026. Lisk said it has worked with the Celo team to provide a migration path for onchain dApps, developers and projects. It also proposed winding down Lisk DAO, including burning 100 million LSK from the DAO treasury, cutting total supply from 400 million to 300 million, removing staking penalties and gradually shutting governance infrastructure. LSK will be repositioned as a loyalty token for the new platform, with future use in rewards and fee payments.

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Lisk to shut down Lisk Chain and wind down DAO as it pivots to a corporate treasury platform
Lisk
2026-08-25 12:50:09

Lisk plans to shut down its decade-old blockchain as DAO proposal seeks to burn 100 million LSK

Lisk said it will shut down the blockchain it has operated for the past 10 years and shift toward a business finance platform. A proposal posted on the Lisk governance forum says the Lisk DAO will vote on whether to burn 100 million LSK tokens, equal to 25% of total supply, and dissolve the DAO itself. Token holders have until Oct. 31 to bridge assets from the Lisk chain to Ethereum. The project also said dApps and developers building on Lisk can move to the Celo network. LSK has fallen from its all-time high of $34.92 in January 2018 to about $0.09, a drop of more than 99%. Binance placed LSK under its monitoring tag in July 2026, warning of delisting risk.

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Lisk plans to shut down its decade-old blockchain as DAO proposal seeks to burn 100 million LSK
Robinhood Cha
2026-07-13 02:12:16

Robinhood Chain launch lifts Ethereum sentiment as $141 million in ETH moves on-chain

Robinhood’s layer-2 network, Robinhood Chain, has boosted market sentiment around Ethereum after launch, according to Cointelegraph, as cited by ChainCatcher. The network uses ETH as its native gas token and has already seen about $141 million worth of ETH bridged onto the chain. Wallet addresses holding ETH on Robinhood Chain have passed 500,000. Activity on the network has also picked up quickly. Over the past 24 hours, decentralized exchange volume on Robinhood Chain reached $877.56 million, surpassing both Ethereum L1 and rival Base, the report said. Robinhood Chain also serves as the on-chain extension of the traditional trading platform Robinhood and offers tokenized stock services to customers in 120 countries, adding to the reach of the EVM-compatible ecosystem. Ethereum is also drawing support from the real-world asset theme. Data from Rwa.xyz shows Ethereum holds a 47% market share in the RWA sector. Leon Waidmann, head of research at Lisk, said Ethereum’s on-chain total value locked has reached $260 billion, above ETH’s roughly $210 billion market capitalization, a gap he said could suggest ETH is undervalued.

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Robinhood Chain launch lifts Ethereum sentiment as $141 million in ETH moves on-chain