Lisk Financial Update | March 2022

Total Assets Held

An overview of all fiat currencies, stablecoins, cryptocurrencies, and managed assets currently in possession of the Lisk Foundation is illustrated below.

Generally, the Lisk Foundation is continuously liquidating BTC in order to have enough fiat to cover expenses for at least 12 months and holds the stablecoin USDC to cover its expenses for another 24 months.

Additionally, it is invested in a managed fund and is continuously investing into forms of green energy production, e.g. power plants, to reach environmental sustainability with the Lisk network.

Lending and Buybacks

In order to generate additional income, the Lisk Foundation is using BlockFi which provides an interest-bearing account with variable interest rates. Please refer to the BlockFi interest rates to learn more.

To spread risks and liability, we are also lending away directly to third-party companies with a low risk profile. This generates additional interest and usually ranges between 8% and 10% APY.

With the interest accrued, we are purchasing LSK tokens directly from the markets on an hourly basis with the help of Bitcoin Suisse. These LSK tokens are used to finance the Lisk Grant Program.

Monthly Expenditures

The overview shown below depicts the overall expenditures of the Lisk Foundation for the last month and is broken down into 2 main categories: Lisk Foundation and Lightcurve.