Lisk announced that, within a few hours after the snapshot, all operations related to migrating LSK to ERC20 tokens have been successfully completed. Now, all units are entitled to claim their tokens on Lisk.

Blockchain application platform Lisk announced the launch of its L2 testnet, Lisk Sepolia, and said that its integrations, developer tools and services together form a solid foundation to help developers create innovative products and explore the potential of the Lisk L2 ecosystem. Previously, in January, Lisk announced that the focus of 2024 is to launch the Lisk L2 Mainnet and develop its ecology. Lisk plans to launch the Lisk L2 Testnet in Q1 (expected in February) and (expected in March) to provide Token holders with details on future plans, such as on-chain governance, staking, and Airdrops. Lisk plans to launch a developer network in Q2 to migrate LSK Token and provide users with LSK Token-related functions (DAO, staking), and Lisk L2 Mainnet in Q3/Q4.

Odaily Planet Daily News Lisk announced that the focus of 2024 is to launch the Lisk L2 Mainnet and develop its ecosystem. Lisk plans to launch the Lisk L2 Testnet in Q1 (expected in February) and (expected in March) to provide Token holders with detailed information on future plans such as on-chain governance, staking, and Airdrop. Lisk plans to launch a developer network in Q2 for LSKToken migration to provide users with LSKToken-related functions (DAO, staking), and Lisk L2 Mainnet in Q3/Q4. In December 2023, Lisk announced its shift to the Ethereum ecosystem as its Layer 2 solution. The new Lisk network will adopt Optimism's Open Source framework, the OP Stack, and be built using Gelato's Rollup-as-a-Service platform, with a focus on DePINs. The project plans to carry out the Testnet deployment of the Layer 2 network in the first quarter of 2024, offering a 90% cheaper fee than EthereumMainnet. This transition also includes the migration of LSKToken to Ethereum to improve usability in the Ethereum ecosystem. The existing LSK reward mechanism will continue to exist, and LSKToken will also be used for on-chain governance of the upcoming Lisk DAO. In addition, Lisk plans to conduct an initial Airdrop of LSKToken on the new chain, details of which will be announced before the launch of the Mainnet. This move aims to accelerate Lisk's growth in the new ecosystem and provide developers with cheaper transaction fees.

PANews reported on December 19 that, according to The Block, Lisk, a Layer 1 blockchain launched in 2016, is working with Optimism and Gelato to transition to ETH Layer 2 solutions. The new Lisk network will leverage the OP Stack open-source framework developed by Optimism, as well as Gelato's rollup-as-a-service platform. The move aims to integrate Lisk more closely into the ETH Workshop ecosystem and align with industry standards in order to make blockchain technology more accessible. At the height of the bull market in 2017, Lisk was one of the top 20 cryptocurrencies by market capitalization. However, in 2023, as the blockchain industry matures, Lisk's market capitalization has fallen from $919 million to $152 million, dropping its ranking to 272. The Lisk team believes that by migrating to the second level of the ETH Place, they can advance their mission more effectively. Lisk's Layer 2 testnet is expected to be deployed in the first quarter of 2024. The transformation also includes the migration of LSK tokens to ETH Fang to improve its availability of dApps and DeFi protocols in the ETH Fang ecosystem. Lisk said that the existing LSK reward sharing mechanism will continue to exist, and the token will also be used for the on-chain governance of the upcoming Lisk DAO. Lisk also plans to conduct the first airdrop of LSK tokens before the mainnet launch to incentivize activity on the new chain.

Golden Finance reported that the Layer 1 blockchain Lisk is transitioning to the ETH Fang ecosystem as a Layer 2 solution. The new Lisk network will be powered by OP Stack and built using Gelato's rollup-as-a-service platform. Focus on solving local problems in emerging markets by bringing solutions for RWA, off-chain assets (OCA), and decentralized physical infrastructure networks (DePIN) on-chain. The transition also involves migrating LSK tokens to ETH. LSK The existing reward-sharing mechanism will continue, and the token will also be used for on-chain governance in the upcoming Lisk DAO. Lisk is also planning an initial airdrop of LSK tokens to incentivize activity on the new chain, with more details expected before its mainnet launch.

Odaily Cryptocurrency Lisk has announced its move to ETH ecosystem as its Layer 2 solution. The new Lisk network will be built using Optimism's open-source framework, OP Stack, and leveraged Gelato's Rollup-as-a-Service platform, with a focus on DePINs. Lisk was in the top 20 by market capitalization during the bull market in 2017, but as the blockchain industry grew, its market capitalization fell by 83% from $919 million, dropping to 272nd place. The project plans to launch a testnet deployment of Layer 2 networks in the first quarter of 2024, offering 90% cheaper fees than ETH mainnets. The transition also includes the migration of LSK tokens to ETH to increase usability in the Ethereum ecosystem. The existing LSK reward mechanism will continue to exist, and LSK tokens will also be used for on-chain governance of the upcoming Lisk DAO. In addition, Lisk plans to conduct an initial airdrop of LSK tokens on the new chain, details of which will be announced before the mainnet launch. This move aims to accelerate Lisk's growth in the new ecosystem and provide developers with cheaper transaction fees. （The Block）