What is the total supply of Livepeer tokens and how are they distributed?
Melissa13Dec 24, 2021 · 3 years ago3 answers
Can you provide details on the total supply of Livepeer tokens and how they are distributed?
3 answers
- Dec 24, 2021 · 3 years agoLivepeer tokens have a total supply of 10 million. They are distributed through a combination of mining, staking, and partnerships. The initial distribution was done through a token sale, with a portion reserved for the team and advisors. Mining allows users to earn tokens by contributing computing power to the network. Staking involves locking up tokens to secure the network and earn rewards. Partnerships with other projects and platforms also contribute to the token distribution, helping to grow the Livepeer ecosystem.
- Dec 24, 2021 · 3 years agoThe total supply of Livepeer tokens is 10 million. They are distributed through various channels, including mining, staking, and partnerships. The token sale was the primary method of distribution, with a portion allocated to the team and advisors. Mining allows users to earn tokens by participating in the network's consensus mechanism. Staking involves locking up tokens to support the network's security and governance. Partnerships with other projects and platforms help expand the token distribution and increase adoption.
- Dec 24, 2021 · 3 years agoThe total supply of Livepeer tokens is 10 million. They are distributed through a combination of mining, staking, and partnerships. The token sale was conducted to distribute a portion of the tokens, while mining allows users to earn tokens by contributing computational resources. Staking involves locking up tokens to secure the network and participate in the governance process. Partnerships with other projects and platforms contribute to the wider distribution of Livepeer tokens, fostering collaboration and growth within the ecosystem.
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