Livepeer (LPT) Staking - All information about Livepeer staking - DropsEarn
Livepeer

Livepeer LPT

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Reward

19.31%

Compound Reward

21.30%

Inflation

35.92%

Price

$14.67

Adjusted Reward

6.66%

Adjusted Compound Reward

8.65%

Total Staked

58.94%

Lock-Up Period

-

Market Cap

$455,413,142

How To Stake LPT

There are two options for earning passive income for holders of the token LPT. The first is to run a Infrastructure Node. The second delegation of tokens to a Node. Running a Infrastructure Node requires professional skills and special knowledge. For the average user, the best option is token delegation. Delegation is non-custodial, delegates cannot spend your LPT, and your stake is not at risk.

How to delegate Livepeer (LPT)

  • Everyone token holder can delegate his tokens to a transcoding node of his choice.
  • This is a simple ethereum transaction which grants the staking rights to the node.
  • Transcoding Nodes share a certain percentage of the rewards with their voters.
  • The delegation can be done directly from the Livepeer Explorer with Web3.0 plug-in.

How to stake Livepeer

  • To stake Livepeer directly it is required to run a server, which processes videos transmitted over the network.
  • The server than acts as a transcoding node and receives the inflationary rewards and fees paid by broadcasters.
  • The nodes with the most votes from token holders keep the rights for transcoding.
  • Currently there can only be a maximum of 15 active transcoding nodes.
  • Rewards are paid in proportion to the number of votes.

Tutorials:

Livepeer Staking Guide

About

Livepeer is a decentralized video transcoding network built on the Ethereum blockchain technology.

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