Related News A Post About a Surprise Altcoin and the New York Stock Exchange Partnership Everyone’s Talking About Has Been Deleted—What’s Going On?
According to the project, LSKs held on Ethereum or exchanges continue with the same token and contract. In the new business model, $LSK is planned to be used as a loyalty token for a financial platform aimed at companies.
The risky part concerns assets left directly on Lisk Chain. Official guidelines require that $LSK, ETH, stablecoins, and other assets on this network be withdrawn before the closing.
The team previously explained that the normal bridging process takes approximately eight days, while the total time for staked $LSK can be at least 11 days. Therefore, initiating a new transaction on the closing day does not guarantee that the transfer will be completed on time.
*This is not investment advice.
Leave a Reply