Livepeer is a community-driven protocol, where token holders have the ability to vote on proposals to upgrade protocol mechanisms or to spend from the treasury.
Voting is conducted on-chain via the Livepeer Governor contract, with the protocol contracts enforcing the outcome.
治理
Livepeer 致力于开源、透明、社区治理。 它采用混合链上/链下治理模式,结合开放的社区讨论与具有约束力的链上投票。 该模式确保社区(代币持有者)共同控制升级和支出,协议执行结果。Imagine a community garden run by people who own shares (tokens).
- Proposing a Change: If someone has 100 share tokens, they can suggest a new rule (like “we should plant carrots”). They put 100 tokens in a safe place while the idea is considered.
- Voting: Over the next month (30 days), everyone with tokens decides yes or no. If at least 33 out of every 100 token shares vote, and more than half vote “yes,” the idea becomes official. The 100 tokens go back to the proposer.
- Delegating Votes: If you’ve given your shares to a friend to manage (delegation), you still get to vote because your votes travel with your shares.
治理功能
Livepeer 的治理服务于两个主要功能:- 协议升级: 提议升级协议。
- 金库支出: 提议从金库支出。
治理流程
治理适用于协议和金库。协议升级和参数变更被正式化为 LIPs。 在社区审核后,进行链上投票。基于持仓加权的投票确保更大委托拥有相应的发言权。Idea Phase: Community Discussion
Proposals typically start with community discussion to gather feedback on the Livepeer Forum.
Draft Phase: Request For Feedback (RFP)
Community members post pre-proposals (requests for feedback) on the forum.
Proposal: Livepeer Improvement Proposal (LIP)
Once an idea is refined, an official proposal is drafted in the form of a
Livepeer Improvement Proposal (LIP)
Livepeer Improvement Proposal (LIP)
Proposal Submission: On-Chain
Once a LIP is finalized, anyone with ≥100 LPT can submit it on-chain to the Governor contract for a vote. This stake is large by design to ensure only serious proposals advance and is returned if the proposal passes.
Proposal Voting: On-Chain
After submission, a voting period of 30 rounds (≈3.75 days) opens where eligible voters (Orchestrators and their delegated LPT) cast votes. Anyone with 1+ LPT staked can vote.
The on-chain proposals and votes can be found on Livepeer Explorer.
The on-chain proposals and votes can be found on Livepeer Explorer.
Proposal Voting: Details
Voting power is driven by LPT stake-weighted voting. If an orchestrator has X LPT staked (including delegated stake), that weight applies to its vote.
Note: Delegators can withdraw their delegation temporarily to vote separately if they disagree with their operator.
Note: Delegators can withdraw their delegation temporarily to vote separately if they disagree with their operator.
Proposal Voting: Quorum & Approval
A proposal passes only if at least 33% of total staked LPT participates (quorum) and >50% of the votes cast are “For”. These thresholds prevent minority-rule.
Livepeer 改进提案(LIPs)
Livepeer 改进提案(LIPs)是正式的设计文件(托管在 GitHub 上) 描述协议升级,类似于以太坊的EIPs. 重要的 LIPs 包括:- 财政部创建: LIP-89 和 LIP-92 设立了 财政部 并设置链上收入分配(将新 LPT 排放的10%发送到国库)。
- Confluence - Arbitrum 迁移: LIP-73完成了协议从 Ethereum 迁移到 Arbitrum 的过程,以降低交易成本并提高吞吐量。
- 货币政策: LIP-34, LIP-35, LIP-40, LIP-83, 和 LIP-100 已塑造了协议的货币政策,包括通胀计算、调整和边界。
- 治理框架: LIP-15, LIP-16, LIP-19, LIP-25, LIP-69, LIP-19 和 LIP-25确立了当前的去中心化治理框架。
Governance & Process
Governance & Process
Governance & Process:
- LIP-1 established the initial on‑chain governance process (Process, Purpose and Guidelines)
- LIP-15 established the polling system for LIP adoption.
- LIP-69 established the stake-based polling system & implemented stake-weighted voting.
- LIP-19 established the core governance mechanism (poll-based) for the Livepeer protocol.
- LIP-25 established the technical foundation for protocol upgrades.
Protocol Migration (Confluence)
Protocol Migration (Confluence)
Treasury Launch & System
Treasury Launch & System
Economic Parameters & Monetary Policy
Economic Parameters & Monetary Policy
Economic Parameters & Monetary Policy
- LIP-34: InflationChange Parameter Update (Final) - Slowed inflation adjustment rate
- LIP-35: inflationChange Calculation and Parameter Update (Final) - Bundle with LIP-40
- LIP-40: Minter Math Precision (Final) - Enhanced precision for percentage calculations
- LIP-83: roundLength Parameter Update (Final) - Adjusted for Ethereum Merge
- LIP-100: Introduction of Inflation Bounds (Draft) - Added ceiling/floor to inflation
Core Protocol Features
Core Protocol Features
Earnings & Claiming
Earnings & Claiming
链上合约
The Livepeer 协议使用了一个自定义的 Governor 合约,该合约继承自 OpenZeppelin 的 治理者 和 GovernorSettings 合约. 关键规则如下:- 投票期: 30 轮(约 3.75 天)
- 法定人数: 33% 的所有已质押 LPT
- 阈值: 多数 (>50%) 投票
- 投票延迟: 1 轮