Calculate your rewards

How many Livepeer tokens do you have?

Staking LPT with Figment:

  • Experienced:  Operating active set transcoder since June 2018
  • Reliable:  100% reward success
  • Trusted:  Livepeer’s original VC investors stake with Figment
  • Secure: The world’s most advanced physical IDC + multi-cloud staking infrastructure
  • Efficient:  We run our own Ethereum nodes guaranteeing fast & consistent network access for all Livepeer related Smart Contract interactions
  • Transparent: Figment is a venture funded,  registered Canadian company, based in Toronto.  Canada offers stability, rule of law and clear crypto regulation
  • Safe: Maintain custody & control of your LPT at all times
  • Compliant:  Track real-time, historical, and future estimated returns with Reward reporting and tracking
  • Governance:  Active participant in the Livepeer community & governance
  • SLA: 100% missed reward guarantee. Industry leading delegation Agreement
  • Rewards: Receive 90% of rewards (10% fee) +  50% of transcoder transaction fees
  • Figment Prime: Available for >100,000 LPT.  Contact us for more information

Staking Instructions:

Stake your LPT to the Figment transcoder by using the Metamask browser extension via Livepeer’s transcoder dashboard.

Figment’s full transcoder profile is here and our transcoder address is:


See our step-by-step Livepeer Staking guide for detailed instructions.

For more details about staking LPT see Livepeer’s complete delegation guide here.

Have questions or need help? Contact Us

Learn More about Livepeer

A 10-minute primer here

The Livepeer network provides decentralized transcoding infrastructure for live streaming online video.

Livepeer is also an open marketplace for anyone to make available their hardware’s idle capacity for transcoding work.  Read more about the Livepeer Bet here  and Livepeer for Beginners here.

Video Thumbnail
Token Summit I
Livepeer with Doug Petkanics

The Livepeer token (LPT) is used as a bond (via staking) to ensure marketplace security and quality assurance when selling transcoding services. To be a transcoder, you must stake LPT. If you’re not transcoding, you can earn staking rewards by backing a transcoder such as Figment via delegating your LPT stake. 

Livepeer Founders & Contributors

  • Doug Petkanics Founder, CEO
  • Eric Tang Founder, CTO
  • Compound Investor
  • Multicoin Capital Investor

Token Performance


Frequently Asked Questions

  • Do I maintain custody and control of my LPT when staking?

    You keep custody of your LPT at all times. Your LPT stays in your wallet and you can change your delegation at any time.

    All LPT award token transfers are handled in the Livepeer protocol so we never have custody of your tokens or token rewards.

    There is a seven (7) day unbonding to un-stake and transfer your tokens.  There is a 1 cycle (approx. 25 hours) bonding period.

  • How can I track my reward history?

    Stay up to date and track status with the Figment Transcoder Page.  See our Reward Call history in the Recent Activity section.

  • How do I acquire Livepeer LPT Tokens?

    There is no staking minimum.

    The following exchanges trade in LPT:

    Smart contracts are controlled by you via:

    1. Hardware wallet: Ledger
    2. Software wallet: Metamask or Trust Wallet

    Check out MyCrypto’s guide for buying ETH with US dollars. Once fiat currency e.g. USD is traded for cryptocurrency e.g. ETH you can use the above exchanges to trade into LPT.

  • What is the calculation for each type of reward?

    Each transcoder is paid inflationary rewards in LPT and transcoding fees in ETH. Inflationary rewards are decided by the network parameters based on what percentage of LPT is staked (50% targeted), while fees for transcoding are decided by each Transcoder and split between node operators and delegators. Currently the inflationary rewards sit around 150% paid in LPT token per year.

  • How are rewards disbursed to the node?

    Rewards are distributed by the Livepeer protocol once every cycle, which is roughly once a day.

  • Are rewards considered liquid (available) or are they locked for a period?

    Rewards need to be unbonded and are locked for 7 days during unbond period.

  • Are there different tiers/classes of nodes for which rewards can be earned different rates? Can a validator be slashed?

    Transcoders choose the price they will charge for their service, giving delegates the opportunity to choose node operators that have run a profitable and secure service.

  • Can a validator be slashed?

    Transcoders can be slashed (loss of LPT) for failed verification, failing to initiate a verification when required, or not contributing a proportional share of transcoding work based on amount delegated to their service.

    Missed Verification Slash Amount = 0.5%

    Double Claim Segment Slash Amount = 3%


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