Lisk L2 Developer Mainnet Live: A New Era Begins

Lisk has officially launched its Layer 2 (L2) Developer Mainnet, marking a significant milestone in our journey towards creating a more scalable, secure, and accessible blockchain ecosystem. This launch is a testament to our commitment to empowering developers globally, providing them with the tools and infrastructure needed to build and deploy decentralized applications (dApps) at scale.

What This Means for Developers

• Unleashing Creativity: With the Developer Mainnet live, developers can now tap into the full potential of Lisk's advanced infrastructure, including seamless integration with Ethereum's vast dApp ecosystem and enhanced scalability through layer 2 solutions.

• Building for the Future: The Developer Mainnet opens doors to a world of possibilities, enabling developers to innovate and create groundbreaking dApps that drive real-world impact.

Upcoming Public Mainnet: Expanding Access to Everyone

Following the successful launch of the Developer Mainnet, Lisk is excited to announce the upcoming public mainnet launch. Although the exact date is still to be determined for Q3/Q4 of 2024, this launch will open the gates for everyone to participate in the Lisk L2 ecosystem, bringing the benefits of layer 2 technology to a wider audience.

Why the Public Mainnet Matters

• Wider Accessibility: The public mainnet will make Lisk L2 accessible to a global audience, allowing anyone to join the network and interact with dApps built on Lisk.

• Increased Utility: With the migration of the LSK token to Ethereum as an ERC-20 token, Lisk L2 will see increased utility and adoption across the DeFi and dApp space.

• Community Engagement: Lisk is committed to fostering a vibrant and engaged community around Lisk L2, hosting events, hackathons, and educational sessions to support developers and enthusiasts.

Token Migration on May 21st: Ensuring Continuity and Stability

In preparation for the public mainnet launch, Lisk will conduct a token migration on May 21st, 2024. This migration will convert existing LSK tokens to their equivalent value in the new Lisk L2 ecosystem, ensuring continuity and stability for token holders.

How Will the Migration Work?

• Claims Process: To claim your new ERC-20 LSK tokens, you will need to sign a claim message using your Lisk Desktop, specifying the Ethereum address where you wish to receive your new tokens. Then, submit this signed claim message to the Claims Contract on the Lisk L2 network. The Claims Contract will verify your claim and transfer the corresponding amount of ERC-20 LSK tokens to your Ethereum address.

• Extended Claiming Window: To ensure everyone has ample time to claim their new LSK tokens, Lisk has established a generous two-year claiming window. This extended timeframe provides enough flexibility for those who might miss the initial announcement or encounter any delays. Any unclaimed tokens after this two-year period will be transferred to the Lisk DAO treasury to benefit the entire Lisk community.

• Support and Guidance: Lisk will provide comprehensive support and guidance throughout the migration process, ensuring a smooth transition for all participants.

Conclusion

The launch of the Lisk L2 Developer Mainnet and the upcoming public mainnet represent a pivotal moment in the history of blockchain technology. By embracing the power of layer 2 solutions, Lisk is paving the way for a more scalable, efficient, and accessible blockchain ecosystem. As we look ahead to the public mainnet launch and beyond, Lisk remains committed to supporting developers, fostering innovation, and driving the adoption of blockchain technology worldwide.