The Lisk community of the Ethereum Layer 2 network has initiated a governance vote on whether to destroy 100 million LSK (valued at approximately 38 million USD) in the DAO treasury. These tokens were newly minted after migrating to the Ethereum ERC-20 standard and are currently in an unreleased state. If the proposal passes, 100 million LSK will be permanently destroyed, reducing the total supply by 25% to 300 million; if the proposal is rejected, these tokens will be released annually from 2027 to 2033. Voting will commence on July 1, 2025, and at least 24 million LSK must support or participate to meet the quorum.