I was having an idle thought last night.
With all these economies / jurisdictions / financial systems planning stimulus measures in the wake of COVID-19, I was wondering what a Livepeer fiscal stimulus package looks like.
Everything is inevitably going to slow down, at least in the very short term, with schools closing hence more childcare, general conveniences becoming inconvenient, but also in the longer term when (if) “the legacy economy” wakes up again.
Something to ease the financial concerns and give some respite from this pandemic madness. For the permissionless community of people involved and passionate about this project. Whether it’s for the diluted hodlers, the delegators, the orchestrators, the core team, the shareholders, the dApp buidlers, the app builders, the researchers, the cryptographers, the developers of “video-enabled applications”, the people demanding scaled Transcoding, the exchanges, the kid from down the street, or whoever once heard of Livepeer and thought it was a good idea…
How do we keep these people stimulated. If you are reading this, you are likely one of these people. How can the protocol keep you stimulated?
I thought about a proposal to reduce the reduce the
InflationChange parameter from the current value of
0.0002% as a way perhaps to delay the end of inflationary rewards. Would this need a LIP @yondon? What do you think, @dob @ericxtang?
Or, is this the time “not to ask what Livepeer can do for you”, instead, to ask “what you can do for Livepeer”? Some ideas came to mind:
- Consider how /whether to pivot, as a response to this discontinuity, to keep the community alive, to support the technical vision.
- Get LPT listed onto another major exchange, to allow more fiat to flow into Livepeer Community?
- Develop a consumer streaming device for sharing our new socially-distanced lifestyles with others
If anyone is with me on any of these ideas, please ping me on Discord.