Earn Livepeer Staking Rewards with Figment

The World’s open video infrastructure. 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 provider.

Market Cap

$170.9M

Staking Rewards Rate

20.75%

Price $5.87
Percentage of Total Supply Staked 50.40%
Auto-Compounding Yes
Reward Frequency Per Round
Unbonding Period 7 Days
Slashing Penalties Enabled No

Table of contents

Highlighted Protocol Characteristics

Staking Guide & Instructions

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

Figment’s full orchestrator profile is here.

Figment Validator Addresses

Market Cap

$170.9M

Staking Rewards Rate

20.75%

Price $5.87
Percentage of Total Supply Staked 50.40%
Auto-Compounding Yes
Reward Frequency Per Round
Unbonding Period 7 Days
Slashing Penalties Enabled No

Estimated staking information, Market Cap and SRR (Staking Rewards Rate). Data is approximate and subject to change.

AWS Ind. Protocol Page

Table of contents

The Latest Insights from Figment Experts

Features

Rewards Performance

Figment clients benefit from our engineering and protocol expertise to earn consistent staking rewards via our safety over liveness approach.

Staking & Data

Manage your staking positions, view detailed and comprehensive rewards statements, analyze data on protocol wide and validator specific performance, and interact with blockchains with our Staking and Rewards APIs.​

Robust Risk Coverage

Off-the-shelf coverage for Figment customers to help offset the risk of slashing, downtime, and missed rewards backed by insurance and Figment’s balance sheet.


Frequently Asked Questions

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

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

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

Staking rewards and transfers are currently enabled.

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.

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

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.
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%.

Rewards on Liverpeer are automatically distributed every automatically every epoch (~ once every day).

Rewards is staked automatically, which means you will need to unstake to withdraw them.

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

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

Meet with us

Bring the Complete Staking Solution to Your Organization

Figment respects your privacy. By submitting this form, you are acknowledging that you have read and agree to our Privacy Policy, which details how we collect and use your information.