The post Ethereum News: Lisk Layer 2 Mainnet Goes Live—Airdrop Campaign Starts Nov. 21 appeared first on Coinpedia Fintech News
The Ethereum Layer 2 platform Lisk is now officially live on its mainnet after months of preparation and testing. Lisk first launched its testnet in February, following its transition from a Layer 1 blockchain to a Layer 2 solution on Ethereum in late 2023. This shift has allowed Lisk to focus on real-world applications, with a particular emphasis on decentralized infrastructure and physical assets. The mainnet launch marks a significant step for the project as it seeks to make Web3 applications more accessible and user-friendly.
What does this mean for the crypto market?
Let’s delve into the details!
Airdrop Campaign Begins Nov. 21
Alongside the mainnet launch, Lisk announced its first airdrop season that will last for a four-month-long set to kick off on November 21. The platform has allocated 15 million LSK tokens for distribution to users, who can earn airdrop points by completing tasks within the Lisk ecosystem. These points will then determine each user’s airdrop reward. Lisk COO Dominic Schwenter explained that the airdrop is designed to be engaging and educational, aligning with the project’s goal to simplify the Web3 experience for users.
Also Read : Litecoin Price Targets $100 as Short-Term Holders Increase by 31% ,Layer 2 Transition Built on Optimism’s OP Stack
Originally launched as a Layer 1 blockchain in 2016, Lisk reoriented its strategy last year, evolving into an Ethereum Layer 2 solution to support decentralized applications. The platform’s new infrastructure uses Optimism’s OP Stack and Gelato’s rollup-as-a-service technology, enabling it to process transactions faster and more efficiently on Ethereum’s network. This move also shifted Lisk’s native token, LSK, onto the Ethereum blockchain, enhancing its integration within the Ethereum network.
What you will pick ETH or L2 Tokens? Tell us.
