🌀$LPT what is $LPT full detail🌀💻 The Livepeer network serves as the video infrastructure for developers to power their live streaming applications. Video streaming represents over 80% of the bandwidth used on the internet, and traditional video infrastructures present high cost barriers for startups and developers to build new streaming platforms.🔗 LPT is Livepeer’s native work token and is used in the following functions:🎁 Protocol Incentivization: Users can earn LPT tokens as rewards when they run a node or delegate towards node operators on the platform. Users also earn the fees paid in ETH through staking and node operation, both of which require LPT.💰 Staking: Users may stake LPT tokens to secure the network from attacks and earn staking rewards in LPT tokens.🗳️ Governance: LPT token holders can propose and vote on network governance decisions.⛏️ Dual Mining: Users who stake to run Livepeer nodes that are backed by GPUs can also concurrently mine other GPU-based cryptocurrencies without disrupting their transcoding.$XRP #Write2Earn #TrendingTopic #Launchpool
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