🫒Livepeer SRB

Livepeer Staking Rewards Benchmark (Livepeer SRB™) Methodology

LivepeerSRB is a benchmark that represents the reward rate of staking the asset.

LivepeerSRB is calculated and published by Staking Rewards via the LivepeerProfile and Data API.

$$LivepeerSRB = (lptDay + ethDay) / st * t_y$$

Formula key	Metric name	Description
lptDay	Daily LPT Minting Rewards	Daily minted LPT tokens from inflation, derived from per-round minting: mintedTokens / 21.257 rounds per hour * 24 hours.
ethDay	Daily ETH Fee Rewards (in LPT)	Trailing 30-day ETH fees divided by 30, converted to LPT equivalent using current ETH and LPT prices.
st	Staked Tokens	Sum of all the LPT staked by all participants in the network (top 200 orchestrators by stake).
$t_y$	Year Constant	365d

• LivepeerSRB combines both LPT inflation rewards and ETH transcoding fee rewards into a single annualized rate.

• The reward rate includes a variation breakdown showing the percentage split between LPT minting and ETH fees.

Slashing

• Livepeer enforces slashing to penalize nodes for failing verification, not invoking required verification, or not performing their proportional share of work. This ensures network integrity and discourages malicious behavior.

• Livepeer relies on external protocols like Truebit and Swarm, which can introduce slashing risks if delays or failures occur. To mitigate this, participants can take on verification roles, reducing dependency on third-party systems.

• A portion of slashed funds is rewarded to those who report violations, while the rest goes to the CommonPool. This pool can burn tokens or fund ecosystem development based on governance rules.

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LivepeerSRB Validators Staking Reward Rate: LivepeerSRB(v)

Staking Rewards calculates the LivepeerSRB for each validator (orchestrator) based on their individual reward cut, fee share, and 7-day average minting performance.

$$LivepeerSRB(v) = (lptDay_v + ethDay_v) / vst * t_y$$

Formula key	Metric name	Description
lptDay_v	Validator Daily LPT	7-day average of the validator's reward tokens per round, annualized and adjusted by (1 - rewardCut).
ethDay_v	Validator Daily ETH (in LPT)	Validator's share of trailing 30-day ETH fees based on their feeShare percentage, converted to LPT.
vst	Validator Staked Tokens	Total LPT staked with this orchestrator.
$t_y$	Year Constant	365d

Observation Period:

• The LivepeerSRB uses trailing 30-day ETH fees and 7-day average minting rewards per round.

• This data is then annualized for a comprehensive year-long projection.

Calculation

The calculation happens every 2 hours and is immediately published via Data API.

Limitations

• LivepeerSRB does not guarantee the specified reward rate for individual validators, as it is subject to various factors such as network conditions, validator performance, and adherence to protocol rules.

• LivepeerSRB's annual projections are estimates and may fluctuate due to changes in network participation, Ethereum usage patterns, and evolving network dynamics, making long-term predictions inherently uncertain.

Livepeer Real Reward Rate: LivepeerSRB^R

The real reward rate calculates the LivepeerSRB adjusted for inflation in the network.

$$LivepeerSRB^R=1 + LivepeerSRB/(1+ir) -1$$

Formula key	Metric name	Description
ir	Inflation Rate	Read directly from the Livepeer protocol contract. Represents the per-round inflation rate, normalized to an annual figure.

Inflation Rate Behavior

• Livepeer's inflation rate is designed to incentivize participation in the network. New tokens are issued at a rate called InflationRate per round, based on the total circulating supply. These tokens are distributed proportionally to all bonded participants, ensuring active users are protected from dilution.

• The inflation rate adjusts dynamically to maintain a target ParticipationRate of staked LPT. If participation is low, the inflation rate increases to encourage more staking. Conversely, if too many tokens are bonded, the rate decreases to balance liquidity and network engagement.

• This algorithmic adjustment creates an equilibrium between token holders' preference for liquidity and the need for network security. As a result, inflation naturally aligns incentives, ensuring a healthy and engaged staking ecosystem.

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Other Livepeer metrics calculated by Staking Rewards:

Metric	Description
Delegated Tokens	The number of LPT tokens delegated to orchestrators.
Self Staked Tokens	The number of LPT tokens bonded by orchestrators directly.
Staking Wallets	Total delegator count from the protocol contract (protocol-level metric).

Data Sources:

• Livepeer Subgraph for orchestrator data, protocol info, and inflation

• Livepeer Explorer for validator names and performance scores

• CoinGecko for LPT and ETH prices

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References:

• https://github.com/livepeer/wiki/blob/master/WHITEPAPER.md

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📚 Learn more about Livepeer Staking

📊 Calculate your Livepeer Staking Rewards

⚙️ Access historic Livepeer Staking Data via API

Last updated on 03/04/2026