Hello, Sobee!

We are excited to announce that Lisk (LSK) is now available on the Mobee app.

About Lisk

Lisk is a project that has been evolving since 2016, previously known as a blockchain ecosystem focused on Web3 application development. In 2024, Lisk transitioned into an Ethereum Layer 2 built using the OP Stack, becoming part of the Optimism Superchain.

In August 2026, Lisk announced a major strategic shift. Lisk is now transforming into a money operations platform for business finance teams, combining accounts, payments, approvals, and the use of fiat and stablecoins into a single workspace. 

In this new ecosystem, LSK serves as the Lisk loyalty token. Moving forward, businesses can earn rewards in LSK for platform usage and referrals, and LSK is planned to be used for service fee payments. Ethereum is now the primary network for LSK.

What Sets Lisk (LSK) Apart

  • A Project with a History Since 2016
    Lisk has evolved through several phases, from a blockchain for developers and an Ethereum Layer 2 to its current transformation into a financial operations platform for businesses. 
  • Ethereum as the Primary Network for LSK
    With the discontinuation of the Lisk Chain, Ethereum has become the primary network for LSK. LSK holders already on Ethereum or exchanges do not need to perform any additional migration regarding the Lisk Chain shutdown. 
  • A New Role as a Loyalty Token
    LSK is no longer solely tied to Lisk blockchain activity. In the project's new direction, the token is positioned as a loyalty token that can be used for business activity rewards and, gradually, for platform fee payments. 
  • An Ecosystem Focused on Money Operations
    Lisk is now developing a unified workspace to help companies manage accounts, payments, approvals, and financial activities involving both fiat and stablecoins. 
  • Tokenomics Is Changing
    The DAO sunset proposal includes the burning of 100 million LSK. Once the burn process is complete, the total LSK supply is planned to decrease from 400 million to 300 million tokens. 

LSK is listed as a token available via Ethereum contracts. The total and maximum supply are still recorded as 400 million LSK, but the latest official Lisk sources state that a 100 million token burn is underway, which will bring the total supply to 300 million once the process is complete.

Important note: Lisk is currently undergoing a major transition. The Lisk Chain is scheduled to cease operations on October 31, 2026, while Ethereum becomes the primary network for LSK. If you encounter outdated information that still refers to Lisk primarily as an Ethereum Layer 2, please note that the business model and LSK functionality have changed since Lisk's official announcement in August 2026. As with any crypto asset, LSK remains subject to risks involving volatility, liquidity, changes in token utility, and risks related to project development.

Start trading LSK now and discover more opportunities in the world of digital assets with Mobee.

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