The inflation rate in Livepeer fluctuates; it depends on how many tokens are staked out of the total supply in circulation. Livepeer refers to this ratio as its participation rate.
The protocol aims for a 50% participation rate as the benchmark for balancing network security and token liquidity. The protocol incentivizes participation by increasing or decreasing the inflation rate by 0.0003% for every round that the participation rate dips below or above 50%, respectively. One round is equal to 5,760 Ethereum blocks, lasting about 22.5 hours, which is roughly how often rewards are claimed.
View Scout for the latest inflation numbers.
* Reward rates published by Coinbase Cloud are estimates based on publicly available information from third-party sources. Coinbase Cloud has not verified and does not guarantee the accuracy of this information. Reward rates on some protocols may vary based on the amount staked and/or other variables, including validator performance, so you should not rely on the accuracy of any reward rate ranges we publish, which are intended to provide an estimate. The actual rate of rewards earned may vary substantially and may change over time and Coinbase Cloud does not guarantee that you will receive any staking rewards. Staked assets may be subject to slashing penalties and risk of loss is possible, including up to the full loss of principal.
Livepeer has no slashing mechanism, so your LPT are never at risk of being slashed.
Coinbase Cloud charges a percentage service fee on all rewards earned by tokens delegated to our Livepeer validator. The service fee is paid to Coinbase Cloud automatically by the protocol. You can withdraw your rewards from the protocol directly.
Updated 22 days ago