EL7.AI
CryptoMedium•25 August 2026•
1 min read

Lisk Plans Permanent Network Shutdown and Proposes 100M LSK Token Burn

Key Facts

1Lisk plans to permanently shut down its blockchain network on October 31, 2026, after a decade of operation.
2A DAO proposal has been introduced to burn 100 million LSK tokens to reduce the total supply.

In a move reflecting a major strategic pivot for one of the industry's long-standing projects, Lisk has announced plans to permanently shut down its independent blockchain network on October 31, 2026. This decision follows a decade of operation as the project transitions away from its original infrastructure. According to reports, this sunsetting process marks the end of Lisk's era as a standalone layer after years of development.

Alongside the shutdown news, a DAO proposal has been introduced to burn 100 million LSK tokens, effectively reducing the total supply by 25%. The proposal aims to bring the supply down from 400 million to 300 million LSK. This massive burn is intended to create a deflationary narrative for token holders as the project manages its ecosystem transition, per the facts outlined in the governance proposal.

Traders are currently weighing the long-term impact of the network closure against the immediate supply reduction. With no major crypto-specific catalysts in the upcoming economic calendar, the primary focus for the community will be the outcome of the Lisk DAO vote regarding the proposed token burn.