Livepeer Token
The token that powers the network
Livepeer Token (LPT) is part of the coordination mechanism behind the Livepeer network. It aligns incentives between the GPU providers who do the work, the applications that need video processing, and the stakeholders who help secure the network.
What is LPT
Essential network infrastructure
LPT keeps the network honest and efficient. GPU providers stake LPT as a commitment to do reliable work. Delegators back trusted providers with LPT and earn a share of the fees the network generates. The more LPT staked to a provider, the more work that provider receives.
Network Architecture
How LPT flows through the network
The Livepeer protocol coordinates work between applications, gateways, orchestrators, and delegators, with LPT as the coordination mechanism at every layer.
Apps send video compute requests through Livepeer network endpoints.