Markets / Livepeer
Livepeer LPT #344
$1.42
▲1.83% 24h · median of 7 sources, which agree within 0.52%
LPT price by source
| Data provider | Price | vs. median |
|---|---|---|
| C CoinGecko | $1.42 | 0.00% |
| C CoinPaprika | $1.4218 | +0.13% |
| C CoinLore | $1.42 | 0.00% |
Where to buy Livepeer
| Exchange | Price | Trade |
|---|---|---|
| B Binance Lowest | $1.419 | Trade ↗ |
| O OKX | $1.421 | Trade ↗ |
| C Coinbase | $1.4263 | Trade ↗ |
| M MEXC Lowest | $1.419 | Trade ↗ |
Last traded price on each exchange's busiest USD, USDT or USDC market, converted to dollars. Fees and spreads are not included.
About Livepeer
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:
Description courtesy of CoinGecko.
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