Ethereum News: Lisk’s Layer 2 Solution Goes Live, Airdrop Begins Soon

The Ethereum Layer 2 platform Lisk is officially live on its mainnet after months of rigorous preparation and testing. Originally launched as a Layer 1 blockchain in 2016, Lisk transitioned to a Layer 2 solution on Ethereum in late 2023. This shift has opened the door for Lisk to focus on real-world applications, particularly in the realms of decentralized infrastructure and physical assets.

With the mainnet now live, the project is making strides toward making Web3 applications more accessible and user-friendly.

Let’s delve into the details!

Lisk’s Airdrop Season

Alongside the mainnet launch, Lisk has announced its first-ever airdrop season, set to run for four months, starting on November 21. The platform has allocated a generous 15 million LSK tokens to be distributed to users. Participants can earn airdrop points by completing various tasks within the Lisk ecosystem, which will determine their airdrop rewards.

Lisk’s Chief Operating Officer, Dominic Schwenter, explained that the airdrop is designed to be both engaging and educational, aligning with the project’s goal of simplifying the Web3 experience for users.

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Lisk’s Evolution: From Layer 1 to Layer 2

After its shift from Layer 1 to Layer 2, Lisk now leverages the OP Stack from Optimism and Gelato’s rollup-as-a-service technology. This infrastructure upgrade allows Lisk to process transactions faster and more efficiently on Ethereum’s network. Additionally, Lisk’s native token, LSK, has now been integrated into Ethereum’s blockchain, strengthening its presence within the Ethereum ecosystem.

With Lisk’s Layer 2 solution, the future of decentralized finance and beyond is within reach.