Livepeer Protocol Parameter - Change Proposal Form

The following proposal was submitted to the Change Proposal Form:

Please propose which Livepeer Protocol Parameter to change? (current values of these parameters are shown in brackets)

InflationChange (0.0003 %)

Please propose what value the parameter should change to?

0.0003% but rate of change increases ±0.00005% every round.

If you like, you can give your reasons why you think this change should happen.

The current linear inflation model is nowhere near enough to prevent the participation rate from threatening LPT liquidity.

If you like, you can give any reasons why you think this change should NOT happen.

The following proposal was submitted to the Change Proposal Form:

Please propose which Livepeer Protocol Parameter to change? (current values of these parameters are shown in brackets)

UnbondingPeriod (7 rounds)

Please propose what value the parameter should change to?

Transcoders should be able to set the unbonding period for their own node

If you like, you can give your reasons why you think this change should happen.

It would allow Transcoders to offer different unbonding periods for Delegators.

I don’t understand why someone else than the Transcoder should decide the unbonding period.

It would be more decentralized.

If you like, you can give any reasons why you think this change should NOT happen.

If you would like to propose a change to one of the Livepeer Protocol Parameters, you can do so here.

Submitting a proposal does not guarantee that the change will be made.

All proposals will be shared below.

The following proposal was submitted to the Change Proposal Form:

Please propose which Livepeer Protocol Parameter to change? (current values of these parameters are shown in brackets)

Max # Active Transcoders (25)

Please propose what value the parameter should change to?

Max 40

If you like, you can give your reasons why you think this change should happen.

Right now it takes 88K LPT delegated to a node for it to be in the active set. This is prohibitive for most.

We should support as much decentralization as possible (help more projects that will invest their LPT back into the network) without risking the operation of the network itself and 40 seems to be that safe maximum.

There should be no reason for it to be lower than this number if decentralization is a stated goal of the network, since the difference gas costs appears to be minimal.

If you like, you can give any reasons why you think this change should NOT happen.

Cannot think of any. The obvious risk of oligopoly or cartelization is evident. I may be missing some technical risks caused by raising from 25 to 40.

The following proposal was submitted to the Change Proposal Form:

Please propose which Livepeer Protocol Parameter to change? (current values of these parameters are shown in brackets)

Max # Active Transcoders (25)

Please propose what value the parameter should change to?

50

If you like, you can give your reasons why you think this change should happen.

If you like, you can give any reasons why you think this change should NOT happen.

The following proposal was submitted to the Change Proposal Form:

Please propose which Livepeer Protocol Parameter to change? (current values of these parameters are shown in brackets)

Max # Active Transcoders (25)

Please propose what value the parameter should change to?

40

If you like, you can give your reasons why you think this change should happen.

If you like, you can give any reasons why you think this change should NOT happen.