> ## Documentation Index
> Fetch the complete documentation index at: https://docs.livepeer.org/llms.txt
> Use this file to discover all available pages before exploring further.

# Protocol Parameters

> Governance-controlled protocol values that matter most to delegators: unbonding, inflation settings, treasury allocation, and governance thresholds.

These values are governance-controlled. They can change without a new docs release if governance updates them on-chain.

The values below were re-checked on 6 April 2026 against current on-chain state or the current public Livepeer governance sources.

## Delegator-relevant protocol values

| Parameter                 | Current value               | Where it comes from                                 | Why it matters                                                      |
| ------------------------- | --------------------------- | --------------------------------------------------- | ------------------------------------------------------------------- |
| Unbonding period          | `7` rounds                  | `BondingManager.unbondingPeriod()`                  | Full exit is delayed after you unbond                               |
| Treasury reward cut       | `10%`                       | `BondingManager.treasuryRewardCutRate()` and LIP-92 | Reduces the round issuance shared by orchestrators and delegators   |
| Target bonding rate       | `50%`                       | `Minter.targetBondingRate()`                        | The inflation model adjusts around this target                      |
| Inflation adjustment step | protocol step value `500`   | `Minter.inflationChange()`                          | Controls how quickly inflation moves toward the target bonding rate |
| Current inflation rate    | variable, changes over time | `Minter.inflation()`                                | Use live state, not a stale static number                           |

## Governance thresholds

| Parameter              | Current value            | Where it comes from                                          |
| ---------------------- | ------------------------ | ------------------------------------------------------------ |
| Proposal threshold     | `100 LPT` bonded         | `LivepeerGovernor.proposalThreshold()`                       |
| Quorum                 | `33.33%` of voting power | `LivepeerGovernor.quorumNumerator()` / `quorumDenominator()` |
| Voting delay           | `1` round                | `LivepeerGovernor.votingDelay()`                             |
| Voting period          | `10` rounds              | `LivepeerGovernor.votingPeriod()`                            |
| Timelock minimum delay | `0`                      | `Treasury.getMinDelay()`                                     |

## Active set note

Current Livepeer public product surfaces still describe the active set as **100 orchestrators**. If you need the value for operational automation rather than reader guidance, re-check `numActiveTranscoders()` directly before using it.

## How to verify these values yourself

Use the live contracts on Arbitrum One:

* [BondingManager on Arbiscan](https://arbiscan.io/address/0x35bcf3c30594191d53231e4ff333e8a770453e40)
* [Minter on Arbiscan](https://arbiscan.io/address/0xc20de37170b45774e6cd3d2304017fc962f27252)
* [LivepeerGovernor on Arbiscan](https://arbiscan.io/address/0xcfe4e2879b786c3aa075813f0e364bb5accb6aa0)
* [Treasury on Arbiscan](https://arbiscan.io/address/0xf82c1ff415f1fcf582554fdba790e27019c8e8c4)

<CardGroup cols={2}>
  <Card title="Contract Addresses" icon="file-contract" href="/v2/delegators/resources/reference/contracts" arrow>
    Canonical deployed addresses for the contracts named above.
  </Card>

  <Card title="Delegation Economics" icon="chart-line" href="/v2/delegators/delegation/delegation-economics" arrow>
    See how these parameter values affect reader-facing outcomes.
  </Card>
</CardGroup>