Need help? Ask our AI
.svg)
.svg){kind=icon}
.webp)
%20(1).webp)
Livepeer Token
Livepeer Token (LPT) powers the network, enabling AI processing and video transcoding jobs
Explore the uses, benefits, and opportunities LPT offers
What is LPT?
LPT is essential for driving the Livepeer Network. Holding LPT allows you to perform work on the network and earn fees and rewards, as well as influence the network's direction through governance. As a token holder, you are integral to maintaining the network’s decentralization and security.
Applications
Apps use endpoints exposed by Livepeer network Gateway nodes to access network capabilities to power their video experiences.
Gateway Nodes
Gateway nodes receive video compute jobs from apps and route them to the Orchestrator nodes.
Micropayment System
A ticket-based payment system, where gateways send tickets to orchestrators for the jobs performed. Orchestrator nodes can redeem winning tickets for payment.
Orchestrator Nodes
Orchestrator nodes perform transcoding and AI processing jobs using the GPU clusters.
Delegators
Delegators stake to and passively accrue a portion of fees and rewards from the Orchestrator nodes.
.svg)
Platforms & Apps
This layer shows where the video streams originate, from apps and platforms that use Livepeer.
Gateway Nodes
Gateway nodes receive video streams from the platforms and route them to the orchestrator nodes.
Micropayment System
This layer shows the micropayment system ensuring efficient transactions.
Orchestrator Nodes
Orchestrator nodes perform transcoding and AI tasks using the GPU clusters.
Delegators
Delegators invest in and passively accrue a portion of fees from the Orchestrators.§
LPT Real-Time
The Livepeer Explorer offers live data on token distribution, nodes, staking, and network activity
.webp)
Exchanges
Easily acquire Livepeer Tokens (LPT) on a variety of exchanges, ensuring accessibility for all network participants
.svg)
Become a Delegator
Help power the network while earning rewards and fees by becoming a Delegator
Staking your tokens helps secure the network and enhances its efficiency
.svg)