Hi @kanepro24, Rich here, Co-Director of the Livepeer Foundation. Appreciate your concern and this is a frustrating time. I won’t discuss any price speculation or give any financial advice.
What I can address is your comment about the team:
I know the team are working to upgrade Livepeer ecosystem, but if they don’t care about the price, investors will not care about updates. this is a fact team should know it
We are aware of the existing flaws of the tokenomics and are exploring mechanisms / protocol changes to counteract them. For instance, Livepeer 2.0 has explicitly set out to do is establish structural link today between the network being used and the token itself. Thats been a real problem over the years which has not been addressed, alongside inflationary tokenomics.
The proposals published in A Path to Livepeer 2.0 alter the token model at its foundations rather than at the edges. The central one is the Burn Mint Equilibrium (BME): orchestrators (node operators) price services in USD, fees paid to the network are used to buy LPT from liquidity pools, a governance-determined percentage of that LPT is burned, and node operators are compensated with newly minted LPT in proportion to honest work performed. Under BME, rising usage means more supply permanently retired, so the token model is doing the work that inflation-based issuance never could. The caveat is that this is still dependent on demand increasing, which is what the Livepeer Agent aims to address and remains the primary focus.
BME, alongside a number of other proposed protocol upgrades, are being discussed. Topic-specific threads are already open under Research & Protocol Improvements, and Doug Petkanics, Founder and CEO of Livepeer Inc, has been running live protocol sessions in Discord for exactly this kind of scrutiny. This situation will take time to recover, and our aim is to get it right now. Youve held since 2021, so your read on how these mechanics land in practice carries weight in those threads.
I hope that answers your concern. I’m also open to feedback, questions or ideas. We are at an exciting moment where we have a chance to confront challenges and build a new vision. Thanks in advance.