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Delegating 3.24M vpLSK to:

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grumlin

Delegating 3.24M vpLSK to:

Active validator in some networks

0xb560...B8F3

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Lisk Delegation Statement

Treasury Management

Grants Programs

Community Outreach

I am an active member of the Lisk community with extensive knowledge of Ethereum-like networks. With the transition to L2, Lisk has gained new momentum. By delegating your votes to me, I will work on your behalf to improve the ecosystem.

My primary focus is to either burn the 100M DAO tokens or keep them locked based on price milestones. Why these options? Because I know that the DAO doesn't need such a large amount. 15% (45 million out of 300 million) is more than enough. If we keep the 100M tokens, they will account for 36% of the total supply!

As an active member of projects like Decred, I’ve seen that allocating only 10% to the DAO is sufficient. I’m confident that Lisk doesn’t need such a large allocation, as it could negatively impact the entire ecosystem, including the token’s price. The team would be better off focusing on increasing the token’s value and using the 45 million tokens more strategically.

However, if the team really wants to keep the 100M tokens, that's fine, but they need to show the community that they have significant plans for development. It shouldn't just be about taking money from our pockets to fund the DAO's decisions (and the team’s too, since as of 30.08.24, the team holds more than 30% of the voting power, and can increase it till ~50% if pause positions).

Thank you.


ProposalVotes forVotes againstVoted?

24.82M

2.05

Abstain

28.83M

56.1K

For

28.45M

55.64K

For

Executed

Jul 21st, 2025

24.29M

54.9K

For

11.36M

156.04

For