dev note

LiSA is currently in closed alpha development. Documentation reflects planned features and may change. Check our changelog and roadmap for current development status.

Summary

Complete overview of LISA token economics, mechanics, and usage. Token utility and access requirements.

What it is

  • Standard ERC-20 on Ethereum: Built on the most widely adopted token standard
  • Powers all LiSA access and strategy mechanics
  • You must hold $LISA to use any LiSA features
  • Provides access to LiSA features and associated services

Core Functions

Access Control

  • A minimum balance of $LISA is required for all LiSA features
  • Your effective hold = $LISA in wallet + $LISA locked under your address
  • All locks (created strategies + participations) count toward your access threshold

Strategy Mechanics

  • Lock $LISA to register and publish strategies with LiSA
  • Lock $LISA to participate in shared strategies created by others
  • Locks guarantee commitment from both creators and participants

Fee and Reward System

  • All fees are denominated in $LISA only
  • Entry and exit fees can be fixed amounts or percentages of your lock
  • Early unlock penalties may apply based on strategy rules
  • Fee policies are defined by creators and stored in the strategy specification

Current Status

  • ERC-20 on Ethereum with fair launch planned (date to be announced)
  • As long as LiSA access remains private, the app can function without tokens
  • No pre-sale or funding: If launched, liquidity will be 100% bootstrapped
  • Final token launch depends on LiSA's transition to public access