Rank #267
lpt Livepeer
$ 6.39
0.00005463 BTC
5,463 satoshies
Market Cap
277,89 MLN. $
24 Hour Trading Vol
17,01 MLN. $
Circulating Supply
43,48 MLN.
Total Supply
43,54 MLN.
Max Supply
43,54 MLN.
Fully Diluted Valuation
312,16 MLN. $
Low
Range
High
Info
Contract
0x58b6a8a3302369daec383334672404ee733a
b239
Website
Explorers
Community
Search on
API id
Source code
tags
1h
24h
7d
1m
1y
max
-
-
-
-
-
-
Livepeer Price Statistics
6.39 $
6.21 $ / 7.3373 $
17,01 MLN. $
#267
277,89 MLN. $
99.03 $
-93.54%
09 November, 2021, (4 years ago)
0.354 $
1,704.82%
26 October, 2019, (6 years ago)
Livepeer Top Markets
#
Exchange
Pair
Price
24h Volume
Volume
Trust Score
Livepeer Performance
Trading Pair
day
week
month
lpt
/
usd
-6.3%
-0.75%
-11.12%
lpt
/
btc
-6.3%
-0.75%
-11.12%
lpt
/
eth
-6.3%
-0.75%
-11.12%
About Coin
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.
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 introduced in the future. Services such as DVR, closed captioning, ad insertion/monetization, and analytics can all plug into the Livepeer ecosystem and potentially make use of the security provided by staking LPT.
An initial allocation of Livepeer Token will be distributed so that stakeholders can fulfill various roles in, and use the network, and then additional token will be issued according to algorithmically programmed issuance over time.
Following the conventions of Ethereum and many popular ERC20 tokens, LPT will be divisible by 10 ^ 18, with larger denominations such as the LPT itself intended to be used for user level transactions such as staking, and smaller denominations intended to be used for protocol accounting.
Where is Livepeer available for purchase?
You can exchange LPT tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Livepeer is HTX, notably the LPT/USDT pair, which saw a trading volume of $ 5,56 MLN. in the past day. Additionally, Binance and Hotcoin are popular alternatives for trading tokens.
What is the highest value Livepeer (LPT) has ever reached?
Livepeer (LPT) reached its peak price at 99.03 $ on 09 November 2021, approximately 4 years ago ago. Presently, the current price is -93.54% lower than this all-time high.
What is the historical minimum price for Livepeer (LPT)?
The minimum price reached for Livepeer (LPT) was 0.354 $, documented on 26 October 2019, more than 6 years ago. In comparison, the current price is 1,704.82%, it above this historical low.
What is the fully diluted valuation of Livepeer (LPT)?
The fully diluted valuation (FDV) of Livepeer (LPT) stands at $ 312,16 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 43,547,419.294 LPT tokens. The realization of this FDV might take several years depending on the emission schedule of LPT tokens.
How to add Livepeer (LPT) to MetaMask?
By integrating Livepeer (LPT) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import LPT as a token. You can either manually import LPT by copying its contract address (0x58b6a8a3302369daec383334672404ee733ab239) or use MetaMask's Chrome extension to add LPT with a single click through P.CASH.
How to add Livepeer (LPT) to TrustWallet?
Incorporating Livepeer (LPT) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include LPT, you can either manually import it using the contract address (0x58b6a8a3302369daec383334672404ee733ab239) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
IMPORTANT DISCLAIMER:
The information presented on our website and associated platforms is sourced from third parties and is intended for general informational purposes only. We do not guarantee the accuracy or timeliness of this content. None of the information provided should be construed as financial, legal, or other professional advice tailored to your specific needs. Your use of this content is at your own discretion and risk. It's important to independently research, evaluate, and verify the information before relying on it. Trading carries significant risks, so it's advisable to consult with a financial advisor before making any decisions. Our content is not intended to solicit or offer any services.