A dependable supply model for LPT.
Based on the current proposal, exactly one half of every USDC fee collected will go toward purchasing and permanently destroying LPT. Furthermore, the creation of new LPT will undergo a smooth and gradual reduction, with the amount being cut in half every two years. Both of these mechanisms are central to the dependable emission timeline brought forward by Livepeer 2.0, an update that is ultimately designed to place a firm cap on the maximum future supply of LPT.
Based on the current proposal, exactly one half of every USDC fee collected will go toward purchasing and permanently destroying LPT. Furthermore, the creation of new LPT will undergo a smooth and gradual reduction, with the amount being cut in half every two years. Both of these mechanisms are central to the dependable emission timeline brought forward by Livepeer 2.0, an update that is ultimately designed to place a firm cap on the maximum future supply of LPT.