Livepeer LPT
#357$1.40+3.6% 24hMarket cap $67.6M24h volume $2.8M
Overview
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Best flexible rates
- OKX 3.5%
- Gate 0.9%
- Binance 0.7%
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Active launchpools
No active launchpools with LPT right now
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Next unlock
No scheduled unlocks
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Exchanges with this coin
Binance
OKX
GateAbout Livepeer
- Market cap
- $67.6M
- #357 on the market
- Volume 24h
- $2.8M
- 4.1% of market cap
- Circulating
- 49.7M LPT
- no max supply
- Launched
- 1 Oct 2018
- 8 years
- All-time high
- $99.03
- 9 Nov 2021 · −98.6% from ATH
- All-time low
- $0.354
- 26 Oct 2019
- Type
- AI
- Artificial Intelligence (AI)
- Harmony Ecosystem
- Arbitrum Ecosystem
- Ethereum Ecosystem
- +1
Website ↗ · Explorer ↗ · X ↗ · GitHub ↗ · Whitepaper ↗
On Polarly: flexible rates up to 3.5% on 3 exchanges, fixed up to 18.9%
Project description
The Livepeer project aims to deliver a live video streaming network protocol that is fully decentralized, highly scalable, crypto token incentivized, and results in a solution which can serve as the live media layer in the decentralized development (web3) stack. In addition, Livepeer is meant to provide an economically efficient alternative to centralized broadcasting solutions for any existing broadcaster. In this document we describe the Livepeer Protocol - a delegated stake based protocol for incentivizing participants in a live video broadcast network in a game-theoretically secure way. We present solutions for the scalable verification of decentralized work, as well as the prevention of useless work in an attempt to game the token allocations in an inflationary system.
Read more
The Livepeer Token (LPT) is the protocol token of the Livepeer network. But it is not the medium of exchange token. Broadcasters use Ethereum's Ether (ETH) to broadcast video on the network. Nodes who contribute processing and bandwidth earn ETH in the form of fees from broadcasters. LPT is a staking token that participants who want to perform work on the network stake in order to coordinate how work gets distributed on the network, and to provide security that the work will get done honestly and correctly. LPT has the following purposes:
It serves as a bonding mechanism in a delegated proof of stake system, in which stake is delegated towards transcoders (or validators) who participate in the protocol to transcode video and validate work. The token, and potential slashing that occurs due to protocol violation, is necessary in order to secure the network against a number of attacks. More below. It routes work through the network in proportion to the amount of staked and delegated token, essentially serving as a coordination mechanism.
It is a unit of account that is specific to the Livepeer ecosystem, which forms the basis of a SectorCoin concept, applicable to additional functionality to be…
Source: CoinGecko
Earn on LPT (8)
The effective rate for your amount is in the Polarly app's calculator. Partner link.
Open in the appQuestions and answers
- What is the best Earn rate for LPT?
- The best flexible rate is 3.5% on OKX: you can withdraw at any time.
- What is the fixed-term Earn rate for LPT?
- The highest is 18.9% on Binance, term 90 d; the funds are locked until the end of the term.
- Which exchanges let you stake LPT?
- 8 products on 3 exchanges: OKX, Gate, Binance.
- What is Livepeer (LPT)?
- The Livepeer project aims to deliver a live video streaming network protocol that is fully decentralized, highly scalable, crypto token incentivized, and results in a solution which can serve as the live media layer in the decentralized development (web3) stack. Categories: Artificial Intelligence (AI), Harmony Ecosystem, Arbitrum Ecosystem, Ethereum Ecosystem, DePIN, Coinbase Ventures Portfolio, Multicoin Capital Portfolio, Pantera Capital Portfolio, GMCI DePIN Index, GMCI Index, Coinbase 50 Index.
- How many LPT are there and what is the maximum supply?
- 49.7M LPT are in circulation; the maximum supply is not capped.
- What is the all-time high price of LPT?
- $99.03 (9 Nov 2021). This is a historical value, not the current price. The price is now $1.40, 98.6% below the high.
Launchpools with LPT
There have been no launchpools with LPT