Livepeer is an open video infrastructure, enabling developers to build video streaming applications. The network has been live on Ethereum’s mainnet since May 2018, and is run by a decentralized network of token holding node operators, and powers both traditional and web3 video streaming at reduced prices relative to the existing cloud providers.

Stake Now
Market Cap
$407,182,671
Price
$19.2368
Rewards
Distributed automatically every cycle (~ once every day)
Slashing
3% for double signing and 0.05% for downtime
Inflation
12% falling by 0.00005% a day
Unbonding
~7 days
Compounding
Rewards are automatically restaked

Optimizing Staking With Figment

Figment offers peace of mind to its customers and provides the most complete staking experience in the industry

Experienced & Trusted

Figment is a venture funded, registered Canadian company based in Toronto. Canada offers stability, rule of law and clear crypto regulation.

Serving the world’s largest LPT holders.

30+ years of experience successfully scaling internet infrastructure companies.

Features & Benefits

Our Commission rate is 10%.

Active participant in the Livepeer ecosystem.

Third-party custody solutions are available through our institutional partners.

Security & Safety

The world’s most advanced physical IDC + multi-cloud staking infrastructure.

You maintain custody of your LPT at all times.

Protected via industry-leading Staking & Delegation agreement.

Looking to stake over 10,000 LPT?

Get in touch with our team to discuss Prime customers advantages and unlock the full Figment experience

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Staking Guide & Instructions

Stake your LPT tokens in a few clicks by following these steps:

We recommend using a Ledger device for self-custody of Ethereum-based LPT tokens.

Figment’s full orchestrator profile is here.

  1. Use the Metamask browser extension
  2. Browse Livepeer’s orchestrator dashboard
  3. Select the validator you wish to stake with then input the number of LPT tokens and click the ‘STAKE’ button.

Figment's Validator Addresses

0x9d2b4e5c4b1fd81d06b883b0aca661b771c39ea3

Need more detailed instructions?

See full guide

Livepeer FAQ

Where can I explore the network and create a Liverpeer wallet?

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Wallet: Delegators can either use Metamask and a ledger or Livepeer's wallet, Portis

Explorer: https://explorer.livepeer.org/

What is the name of the asset being staked?

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Livepeer's token, LPT, is used for staking and voting on on-chain governance.

When are staking rewards enabled? When are transfers enabled?

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Staking rewards and transfers are currently enabled.

Why stake LPT?

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Good question!

Initially, the LPT is being staked to earn new issuance ("inflationary") subsidies. That means that the LPT supply will increase and stakers will capture the newly issued LPT. Generally, you will earn around 20% annually on your staked LPT, but that can change. Since staking rewards are tied to inflation, read about how inflation and rewards are related here.

Stakers will also capture fees from network transactions, so as Livepeer transaction volume increases, LPT stakers will earn more than new issuance subsidies.

The LPT also gives stakers the right to vote on policy decisions for how the Liverpeer will operate and distribute treasury funds.

How long does it take to stake & unstake LPT?

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From the moment you initiate the unbonding process, it takes 7 days to unstake. During this time you will not earn rewards.

Do I maintain custody and control of my LPT when staking?

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You can self-custody your Livepeer LPT tokens, ideally using a Ledger hardware wallet.

Figment has partnerships with a number of top-in-class custodians: support@figment.io

The Livepeer protocol takes control of your LPT tokens while you are staking.

While your LPT are staked, you may participate in on-chain governance by voting on different proposals.

Can my staked LPT be slashed (seized or destroyed)?

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Transcoders can be slashed (loss of LPT) for failed verification, failing to initiate a verification when required, or not contributing a proportional share of transcoding work based on amount delegated to their service.

Missed Verification Slash Amount = 0.5%

Double Claim Segment Slash Amount = 3%

How is staking income disbursed? Is staking income liquid or automatically staked?

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Staking income on Liverpeer is automatically distributed every automatically every epoch (~ once every day).

Staking income is staked automatically, which means you will need to unstake to withdraw your staking income.

Can I lose potential staking rewards?

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Your potential rewards depend upon validator performance. When your validator is down, you will not be earning staking income.

What is the rate of new issuance (aka "annual inflation") for LPT? How does the token supply change?

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Right now, the inflation rate is decreasing by 0.00005%/round of the total supply. To read why this is and get into Livepeer's monetary policy, check out this governance proposal on the inflation change.

How are decisions about the Livepeer made and executed?

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Livepeer uses token voting for on-chain governance. Governance proposals are discussed on the forum.

Where can I learn more about Livepeer?

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