Lisk in Review – 75
Featured in this new edition of Lisk in Review:
- HackOnLisk2: Community Choice Award – Vote Now!
- Lisk Financial Update for October
- Lisk network in numbers
HackOnLisk2: Community Choice Award – Vote Now!
LiskHQ launched HackOnLisk2, which rewards the best Lisk-based projects with up to $60,000 in funding. More than 200 participants joined the challenge, which is focused on DeFi and GameFi.
Financial applications include DEX, lending primitives, stablecoin development, while the second category aims to foster builders working on blockchain games and collectibles.
The judging panel for all DeFi and GameFi blockchain applications will include Binance, Salesforce, WeAreDevs, and many others.
- Judging period: Nov 19th – Nov 30th
- Winners Announcement: Dec 2nd
Here below a sneak peek of some of the prizes:
Winners will have the preferential selection to join the Lisk Grant Program, with the chance of receiving regular funding up to $1.3 million.
One prize is the “Community Choice Award“, with community members voting for the best application. Lightcurve selected five apps for the judging phase of this award. The project with the highest engagement will win $4000, Lisk swag, and a preferential selection to join the Grant Program. Vote here!
Lisk Financial Update for October
According to the report, the Foundation holds € 8.17 million and CHF 489k. In addition, it owns 15 million USDC, 1,620 BTC, 62,000 GBYTE, and 8.7 million LSK. Total assets under management are worth $170 million.
The stablecoin investment strategy implemented through BlockFi allowed to buy back 42k LSK in September and 17k LSK in October.
About the monthly expenses, the picture below summarizes the costs linked with each department:
Lisk network in numbers
TVL: 23.3m LSK ($78m) | +1%
Total selfvotes: 2.8m LSK ($9.5m) | 0%
Total delegates: 1943 | +0.4%
101° voting weight: 144,310 LSK | +16%
Current max APR: 20%
(calculated as annualized forging rate, 30k LSK, divided by the total votes of the delegate in position 101st)
Lisk Magazine joins the new consensus sharing 60% of forged rewards.
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