Lisk (LSK)
| Market Cap | $102,169,159 |
|---|---|
| Trading Volume | $5,864,002 |
| Volume / Market Cap | 0.0574 |
| Total Supply | 144,818,773 LSK |
| Max Supply | – |
Lisk is currently trading at $0.79, after a price change of 0.54% in the last 24 hours.
Ranked as cryptocurrency #176 by capitalization today, LSK market cap is valued at $102,169,159. LSK trading volume reached $5,864,002 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on LSK coin price prediction page.
What is Lisk?
Lisk is an open-source software development kit that allows developers to deploy applications and create sidechains in JavaScript, including customized tokens. Lisk SDK employs two industry standards of a communication protocol; Inter-Process Communication and Web Sockets. The platform makes the applications interoperable through its Lisk mainchain. The protocol is secured using delegated proof-of-stake consensus algorithm and BFT.
LSK is the native token powering Lisk. There are 128,900,444.52 circulating LSK tokens from an uncapped supply of 144,818,773. The initial token supply was 100 million LSK tokens, out of which 85% were set aside from the ICO. 11.8% was allocated to the project team, reserves, campaigns, and bounties, while 2% went to advisors, partners, and third parties. 1% of the supply was allocated to the early project supporters, while 0.2% was set for the ICO participants.
Lisk applies a decaying inflationary token forging mechanism, where after the block rewards get to 1 LSK, the annual forged rewards will be limited to 3,153,600 LSK. As the total supply increases and the yearly forged rewards remain constant, the inflation rate gradually reduces.
Max Kordek and Oliver Beddows founded Lisk in May 2016. The project is managed by Lisk Foundation, based in Zug, Switzerland.