Did you know:
Lisk uses USDL, its own Stablecoin issued by bridge, a @stripe company. as the base asset behind every payment account.
So when you look at a balance in a Lisk payment account, the underlying asset is USDL, but your experience is denominated entirely in dollars.
An offboarded employee shouldn't take the audit trail with them.
When someone leaves a business, Lisk deactivates their profile rather than deleting it.
This means past actions stay attributed to them, ensuring accountability and transparency, regardless of employee turnover.
This is a public verification post for an update request on @coingecko.
Request ID number: SU2509260025
CoinGecko Terminal URL: coingecko.com/en/coins/lisk
Telegram: arrianne_talma
A stablecoin payment may settle in 30 seconds.
But end-to-end, it can still take hours and impact your finance team's resources.
Here's why, and how to improve efficiency 🧵
(1/6)
On Lisk, receipts, invoices, contracts, attach directly to the transaction itself, at the point of payment, viewable by anyone with access to that account.
A major part of the work burden off your finance team's shoulders, on Lisk.
(5/6)
Reminder: Lisk Chain assets, including DeFi positions, must be bridged to Ethereum by October 31.
For LSK stakers specifically:
→ Unlocking takes 3 days
→ Bridging takes ~7 days
Start as soon as possible, and make sure to claim your rewards in the process.
Lisk Profiles make financial operations accountable.
On Lisk, every important action, from a transaction approval to an admin change or a resource access update, is registered and tied to specific stakeholder.
This way, Finance teams know "who did what", at all times.
LSK total supply updates are underway on all remaining major exchanges and market trackers, following the burn of 100 million LSK.
In the meantime, you can view the burn transaction on @etherscan via the link below.
A 100 million LSK burn has just been completed, as a result of the recently passed DAO proposal.
In consequence, total LSK supply has been reduced from 400 million to 300 million.
Reminder: if you are a Lisk Chain user with liquidity in any Velodrome pool, or holding XVELO and oUSDT, you must withdraw it before October 15th.
The full process can take 8+ days.
Please proceed as soon as possible.
Action required:
As part of the Lisk Chain wind-down, @VelodromeFi support for Lisk ends on October 15th.
Lisk Chain users with liquidity in any Velodrome pool or holding XVELO and oUSDT must withdraw it before October 15th.
Here's what you need to know 🧵
(1/8)
Lisk will be at Token2049 on October 7-8.
Are you Finance lead operating across fiat & stablecoin workflows?
Do you feel that your daily operations could be simpler, more efficient and transparent?
That's why we built Lisk.
Send us a direct message to meet with our team.
"Someone initiated a wrong transaction this morning, who was it?"
Every Finance team operating across fiat and stablecoin workflows knows this situation.
Here's why it doesn't happen for teams using Lisk 🧵
(1/7)
Besides payments, every approval, policy change, and threshold adjustment on Lisk gets logged, with who made it and when.
When an auditor asks who approved something, there's a name attached to answer it.
(6/7)
So the next time a transaction looks wrong, the question has an answer built in: a named profile, an approver layer, and a logged history.
Learn more and request early access: lisk.com/early-access/
(7/7)