Just want to tell all of you guys that project leader Max Kordek is selling his lisk tokens again.
if i may ask is there any proof of what you just said?
Provide your prove
Bro that’s just 100k and you talk as if he just sold 50% of his holdings
Its true
and then transfer them to Binance
https://etherscan.io/tx/0xbed77ab130d952af41bf152773c8a128f5ba62d291bd20cc0ea6acf6841c087c
He already did it. He had around 10M+ in the past. Only 100K, ok then show me you buying 100K lisk tokens and say it’s nothing. Previously he sold few millions few months ago.
Max Kordek has demonstrated a strong commitment to the Lisk ecosystem. He pledged $50 million of his personal LSK holdings to fund high-quality sidechains built on the Lisk platform . This substantial investment underscores his dedication to the project’s success and contradicts the notion of him undermining its value. What is 100k lisk token compared to what he has committed to the project?
Is this a joke?
Do you actually believe that?
Or it was sarcasm?
And one more, he has no 50 mln $ in LSK
Let him lie, only lie can save us from loosing all money. We need to scam people in order to quit lisk but we are losing market cap position each day for over 4 years now so I don’t even fckin remember when lisk was not downperforming. Straight line down is all we have. For those who don’t understand:
You are comming here this month but we are deep in this scam for over 4 years and nothing was changed except price that went down more than 10x. -99.91% tell you everything.
If i may ask @Filmmaniak what are your suggestions to improving the lisk price? And if i’m sure the aim of this DAO is to discuss and come to an agreement on how to further better the project…
So instead of constantly fudding the DAO why not create a proposal with your suggestions on how we can get the price of $LSK back up let’s vote on it.
To improve lisk price we have to scam people but the problem is that lisk team already did it with airdrop season 1 and ethereum network swap 150M tokens → 400M so you know community already called lisk a scam. I already made many suggestions but nobody is listening. They moved my proposal to discussion category. I believe the best way to recover for lisk would be to immediately cut DAO total tokens by half - burn them as well as burning 100M lisk tokens and pausing DAO token unlocks. Then we want short-term pump and dump event and after it delisting and starting new project like luna2.0 did - this time based on community instead of delegates. I suggest new project be named PhallusWithHat. I was thinking about what went wrong with airdrop seaon 1 so when I will have time to waste on this garbagio I will post interesting post about it. Meaby send me 1 USD and I will make it ok? Revolut.Me - I really need that bag of rice for giving you normal post about airdrop improvements suggestions.
The main problem isn’t that Max decided to sell 1.7 million LSK (which, I’d note, is just 1% of the circulating supply), but that he did it at such a weak moment for Lisk. The real issue is that they pulled 100 million out from under Lisk by renaming the Lisk Foundation and changing the fund’s goals. The problem is also that with the migration to the new tokenomics over the next 3–4 years, the circulating supply will increase from 150 million to 300 million — plus there are 100 million tokens in limbo. That’s why I agree they should be burned.
Ah, and I forgot to add — the shameless team is taking over 15% of staking rewards for themselves for no real reason. And let’s not forget they previously minted 8 million tokens out of thin air for themselves.
Wow, since when you are for token burn? I remember my first post here about burning and reaction. Everybody was criticizing me (mainly DAO team) that we should give this 100M for DAO to invest in the development of the project. Back then lisk was in range between 1 dollar / 1.5 dollar.
You know how cryptocurrency logic works. If an altcoin is underperforming compared to others during market corrections, investors tend to avoid it, which results in a weaker pump when the entire market recovers. On the other hand, if an altcoin loses the same or slightly less but holds a certain price level during the drop, investors become interested in buying it because they see that it remained relatively strong during the correction.
What our beloved Max is doing, however, is that whenever there’s an opportunity for Lisk to show strength during a market dip, he magically withdraws a portion of his Lisk and dumps it — just to make sure no one becomes interested in buying Lisk after the market recovers.
And then you come in like knights on white horses, saying we need to support the development of the project and invest even more in something that has been undeniably failing for years.
So if I understand you correctly, you’re suggesting that the Lisk team should stop token unlocks and burn 100 million $LSK from the circulating supply just to boost the charts?
The thing is, you need to realize that even if they did that, a lot of holders would probably end up selling anyway, which could just bring the price back down. On the other hand, if they used those tokens to build real world, problem solving services, it could actually attract more attention and bring in new buyers in a more sustainable way. Which is exactly what they’re doing
Oh, people really can be something sometimes. I’m not suggesting anything — that part is entirely your assumption. The vote on burning 100 million tokens will take place regardless of anyone’s proposals.
You could say that when lisk price is 2USD not 20cents. We need extreme countermeasures to stay alive, project is collapsing, dying in front of your eyes in real time. Emergency resuscitation needed. Who cares about what “lisk is cooking” when token is worthless garbagio? Meaby only those who pretend to be hodlers but in reality do not own lisk and only comment.
Bro I appreciate your passion, but panic isn’t a strategy. If your only metric for value is price, you’re not looking at the full picture, you’re watching the scoreboard without understanding the game. Lisk isn’t collapsing; it’s evolving, regardless of market noise. Emergency resuscitation isn’t needed, focus is. And for the record, real holders don’t need to shout about ownership to justify their presence.
The 100M Burn Vote is the first step and as a community, I believe we all know which direction to vote.
For me, Less is more.
Stabilize $LSK price by inducing scarcity, then support rapid deployments by funding new high traction products (In $eth/$btc/$usdt).
Meme coins are what they are, and the word “Degen” is self explanatory – and they do have their pros and cons.
In summary, lets make $LSK scarce and fund projects that bring real volume into the ecosystem.
Right now there are a few actionable steps you can take:
- Draft a proposal and work closely @grumlin or @przemer and the rest of the community to fine-tune and publish it.
- Spread the word about the upcoming 100M burn vote.
Lisk hasn’t had a soft landing since after migration and getting emotional or antagonistic is not the way.
We all hold $LSK and regardless of how you feel about current token prices, you certainly do not want it to go to zero.
So instead of spreading FUD, we should focus on getting the project back to top 100 where it belongs.
FUD IS NOT THE WAY!!!