Built-in scarcity
The initial distribution on the Lisk blockchain was 100,000,000 LSK. Since the launch of the Lisk blockchain in May 2016 individuals are being incentivized for securing it. This incentivization is part of every new block and can not be changed. It's called a block reward.
The LSK token supply is disinflationary. While the block rewards started out with 5 LSK for every new block, the algorithm behind decreases it every year by 1 LSK.
Since October 2020, the Lisk blockchain distributes block rewards of 1 LSK, a rate it will stay on forever.
Where to Acquire LSK
Below you find several major exchanges offering the option to buy LSK through a variety of trading pairs.
Keep your LSK safe
LSK is supported by several exchanges and third-party wallets, however, the most recommended way to store and manage your LSK is in the official Lisk wallet, available on both desktop and mobile. They are actively maintained, provide the most secure and easiest way to access your LSK and are constantly being improved with new features.
To ensure higher security of your account and prevent pre-image attacks, you should initialize it by making at least one outgoing transaction. This can be a balance transfer to your own account.
Disclaimer: The LSK token is designed as a utility token, as defined in accordance with FINMA. The token entitles the holder to perform various actions within the Lisk blockchain. Lisk Foundation is publishing information about the Lisk blockchain and the Lisk ecosystem. The information provided is solely for information purposes only, and is not intended to be construed as any form of investment advice whatsoever.
