TLDR Crypto · INNOVATION & LAUNCHES

LISK BLOCKCHAIN WILL BECOME AN ETHEREUM LAYER 2 VIA OPTIMISM AND GELATO

theblock.co3 min read

Summary from the TLDR Crypto newsletter

The Lisk blockchain is migrating to become an Ethereum L2 using Optimism’s open-source framework and Gelato’s rollup-as-a-service platform. The transition involves migrating Lisk's LSK tokens to Ethereum to enhance their usability across various dapps and DeFi protocols. There will be a testnet deployment of the new network in Q1 2024 with the mainnet launch expected later. Lisk also plans to incentivize activity on the new chain with an initial LSK token airdrop.