Introduction
Staking Livepeer is an excellent choice for those looking to hold LPT while earning yield securely and supporting the network. The process may seem overwhelming, especially for first-timers. That's why we've created this guide to help you through it.
Comprehensive Guide
1. Acquire Livepeer (LPT) Tokens
To stake Livepeer, you first need to acquire it. You can purchase Livepeer from various popular exchanges.
View all 53 pricesPlatform Coin Cost PrimeXBT Livepeer (LPT) 2.95 Binance Livepeer (LPT) 2.96 BTSE Livepeer (LPT) 2.95 Coinbase Livepeer (LPT) 2.95 Kraken Livepeer (LPT) 2.95 OKX Livepeer (LPT) 3.82 2. Select a Livepeer Wallet
Once you have LPT, you'll need to select a Livepeer wallet to keep your tokens safe. Here are some great options.
View all 5 staking rewardsPlatform Coin Staking benefits Binance Livepeer (LPT) Earn up to 18.9% APY BTSE Livepeer (LPT) Earn up to 9.27% APY 3. Delegate Your LPT
We suggest using a staking pool for staking LPT. It's easier and quicker to start. A staking pool consists of validators who pool their LPT, increasing their chances of validating transactions and earning rewards. You can access this via your wallet's interface.
4. Begin Validation
You will need to wait for your deposit to be confirmed by your wallet. Once confirmed, you will automatically validate transactions on the Livepeer network. You will be rewarded with LPT for these validations.
Key Considerations
Consider the transaction and staking pool fees. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, which can take some time.
Recent Developments
missing en-vn translation: common.latest-movements-copy
- Market capitalization
- $502.7M
- 24-hour trading volume
- $68.37M
- Circulating supply refers to the total amount of a cryptocurrency or token that is currently available for trading in the market. It excludes tokens that are locked, reserved, or not yet released.
- 37.17M LPT
