Lisk’s decentralized autonomous organization (DAO) treasury will conduct a pivotal vote on July 1 regarding the proposed destruction of 100 million LSK tokens.
This substantial token burn represents approximately 25% of Lisk’s total circulating supply. The removal of these tokens from the DAO treasury would permanently reduce the overall availability of LSK in the market.
The outcome of the vote will determine whether these treasury-held tokens are permanently removed from circulation. Such supply-reduction mechanisms are closely monitored by cryptocurrency markets due to their potential impact on token economics.