Livepeer (LPT)
Unlock Schedule
Livepeer (LPT) Token Unlock & Vesting Schedule
The unlock chart above provides a clear visual overview of the Livepeer (LPT) token release schedule, showing when and how tokens enter circulation across investor, team, treasury, and community allocations. Understanding these tokenomics dynamics is critical for evaluating potential supply pressure, inflation impact, and market liquidity over time — key factors that can influence LPT price performance.
Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.
Tokenomics & Utility
The LPT token serves three core jobs:
- Security and coordination: Orchestrators must stake LPT to join the active set. The more stake, the more work they can receive.
- Incentives: New LPT is issued to reward work and to encourage staking that secures the network.
- Governance: LPT holders can influence protocol direction and ecosystem resources.
At network launch, 10 million LPT were created as the genesis supply. Roughly 63% went to the Ethereum community via a MerkleMine distribution that targeted addresses holding at least 0.1 ETH at a snapshot block in March 2018. The rest was allocated to early contributors, investors, and long-term funding. Since then, supply has expanded through protocol inflation tied to participation. (medium.com)
Livepeer tokenomics uses a dynamic inflation model that adjusts the issuance rate up or down to target a specific share of LPT being staked (often referenced around 50%). If staking participation dips below the target, inflation nudges higher to incentivize more staking; if it rises above, inflation ticks down. There is no fixed maximum supply; issuance is a tool to tune network security and liveness. Community discussions regularly evaluate parameters as conditions change. (forum.livepeer.org)
What can move LPT price over the long run? Markets weigh many factors, but key drivers include real network usage (minutes transcoded and AI jobs), fee growth paid to nodes, staking participation, and governance expectations. Because LPT coordinates scarce GPU resources and trust in the network, adoption across apps, media platforms, and AI builders is especially meaningful.
Assumptions
- Supply is uncapped; we model PoS rewards from 2018-04-30 through 2025-10-16 only.
LPT has algorithmic, ongoing inflation with no fixed max; schema requires concrete token amounts, so we bound emissions to the current snapshot date.
- PoS rewards total computed from explorer totalSupply snapshots across chains.
Used Etherscan L1 Max Total Supply (24,918,514.377941354) + Arbiscan L2 Max Total Supply (20,963,620.938247507) − 10,000,000 genesis = 35,882,135.31618886 LPT through 2025-10-16.
- MerkleMine modeled as linear across the actual claim window.
Claims occurred continuously and on-demand; contract parameters and official posts define a slow-start owner-only period followed by open claim until Oct 2, 2018, but per-address timing is not available at monthly resolution.
- Team and presale vesting are linear with no cliff starting at launch.
Official distribution post specifies durations (36m team, 18m presale) from network launch; no cliff specified.
- Treasury (long-term endowment) and advisor grants were issued at genesis.
Official distribution post describes immediate issuance for grants and a 5% long-term endowment without vesting terms.
- Inflation parameters used: 50% target participation; ±0.00005% roundly inflation change.
Documented in Livepeer Primer and forum LIP discussion; no discrete halving-style epochs, so emissions are consolidated as one linear unlock for this period.
- 1. https://medium.com/livepeer-blog/the-end-of-the-initial-livepeer-token-distribution-6fa9894f0f16
- 2. https://forum.livepeer.org/t/livepeer-genesis-and-merklemine-parameters/207
- 3. https://medium.com/livepeer-blog/launching-the-livepeer-network-50dc7be7840
- 4. https://medium.com/livepeer-blog/the-confluence-post-launch-update-563a7193c678
- 5. https://docs.livepeer.org/references/contract-addresses
- 6. https://arbiscan.io/token/0x289ba1701C2F088cf0faf8B3705246331cB8A839
- 7. https://etherscan.io/token/0x58b6a8a3302369daec383334672404ee733ab239
- 8. https://www.livepeer.org/primer
- 9. https://forum.livepeer.org/t/inflation-focused-lip-discussion-thread/2753
Allocations
Description
#292
Livepeer is a decentralized video streaming network that uses blockchain technology and a token economy to incentivize participation and quality. It allows anyone to broadcast, transcode and distribute video at a fraction of the cost of traditional platforms.
| Sector: | Media |
| Blockchain: | Ethereum |