Transcoder Campaign: Authority_Null

UPDATE 3/19/22

In the coming days we’ll be transitioning away from our Chicago server and setting up a node in Singapore instead. Our NY node is very efficient so we’ll still be receiving plenty of work from Chicago, only now we get to reach a region that has otherwise been inaccessible.

Our Singapore server should be up and running in the next few weeks!

UPDATE 4/8/22

Depending on our outlook by the end of this month, and with the startup grant coming to a close, we’ll most likely be increasing our reward cut and decreasing our fee cut.

We’ll update this thread before any changes are made :slight_smile:

UPDATE 4/22/22

We’ll be adjusting our reward and fee cut on 4/23/22.

Reward cut will change from 4% to 35%

Fee cut will change from 60% to 25%

These adjustments allow us to keep up with overhead while providing more flexibility as we further scale our transcoding abilities. We’ve come a long way since November 2021 and hope our delegators choose to stick around.

If you’re currently delegating to the Authority_Null orchestrator and have questions about the upcoming changes, you can contact us via any of these methods:

Thanks!

UPDATE 4/30/22

We’ve crossed the 1 ETH threshold in our earned fees (combining L1 and L2 earnings). 75% of the last 4 winning tickets were split between delegators and more will follow!

Screenshot 2022-04-30 20.41.13

We’ve also booted up a node in Chicago and will monitor our stake, earnings and the networks participation rate closely over the next month to see if we can scale even more or if we need to pull back a bit.

Don’t forget, you can view real-time activity of our Orchestrator here: Authority_Null Node Monitoring
Click the “DETAILED VIEW” button to see the whole dashboard!

UPDATE 5/17/22

Hey delegators, we’re excited to introduce long term milestones for our Orchestrator!

For every additional 25,000 LPT staked to our node, we’ll reduce our reward cut by 5% until we reach 15% (currently 35%), so the more you stake the more you stand to make :slight_smile:

We’re currently sitting at 57,721 LPT staked, which means we need to reach 82,721 LPT staked to hit our first milestone.

Additional milestones may be added once we reach 15%.

Thank you and happy staking!

UPDATE 5/31/22

We’ve lowered our reward and fee cut for the first week of June! We’ll return to our dynamic rate (which you can learn more about in the above post) on Tuesday, June 7th.

Changes:
Reward cut: 35% to 10%
fee cut: 24% to 20%

Thanks!

UPDATE 6/7/22

Our node’s fee/reward cut has returned to their previous dynamic rates:

55k LPT staked - 35%
83k LPT staked - 30%
108k LPT staked - 25%
133k LPT staked - 20%
158k LPT staked - 15%

Thanks!

UPDATE 6/20/22

We’ve made some major updates to our infrastructure.

Since launching our Orchestrator in November last year, we’ve scaled from a single residential node to 6 machines spread around the world. Managing 6 nodes with a standard Orchestrator setup has proven to be extremely inefficient and we knew that if we wanted to keep scaling, we’d have to make some adjustments.

All of our nodes primary functions can now be managed through a single UI, making updating livepeer versions and performing general maintenance a much smoother experience. Huge props to Mike Zupper for his infinite wisdom. We wouldn’t have been able to make this work without his help.

Curious how we’re running livepeer? Check out the guide :slight_smile:

P.S. Don’t forget about our dynamic rates:

55k LPT staked - 35%
83k LPT staked - 30%
108k LPT staked - 25%
133k LPT staked - 20%
158k LPT staked - 15%

Happy staking!

UPDATE 6/28/22

We’re switching DNS providers which may interrupt our transcoding workflow as well connection to our website and email. We’ll update this thread once completed.

Thank you :slight_smile:

UPDATE 6/29/22

After some extreme instability with Arbitrum we’re back online and running smoothly!

UPDATE 7/4/22

We welcome our 2 new delegators.

Time to update our dynamic rates!

55k LPT staked - 35%
83k LPT staked - 30%
108k LPT staked - 25% <
133k LPT staked - 20%
158k LPT staked - 15%

Did you know, by staking to our Orchestrator you can help save Fred from Web2 censorship?

Dynamic reward cut:

55k LPT staked - 35%
83k LPT staked - 30%
108k LPT staked - 25% < We are here.
133k LPT staked - 20%
158k LPT staked - 15%

anlivepeer.com

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UPDATE 7/30/22

Quick monthly round-up:

  • We’ve been hard at work building out our infrastructure, expanding significantly considering that we started with one 2080Ti in a home PC less than a year ago.

  • We received a healthy chunk of stake, crushing our first milestone and pushing us to keep building.

  • Added a second “on-demand” GPU in Chicago, which allows us to increase capacity within seconds while remaining extremely cost-efficient. We hope to automate this process soon.

  • Improved our hardware specifications in Singapore.

  • In collaboration with community members, we wrote an in-depth guide for orchestrators looking to scale effectively. This became our second grant to get accepted (a video tutorial is currently in the works).

  • We saw early signs of adoption from serious broadcasters, showing us the importance of infrastructure reliability. We will continue to compete and learn as we go so we can serve these broadcasters as they enter the network.

All in all, it’s been a really educational month for us and we’re excited to keep going!

Huge thanks to the community for teaching us so much along the way :slight_smile:

Psssst, have you heard about our dynamic rates?

55k LPT staked - 35%
83k LPT staked - 30%
108k LPT staked - 25% < We are here.
133k LPT staked - 20%
158k LPT staked - 15%

anlivepeer.com

1 Like

UPDATE 8/15/22

Thanks to an increase in stake, we can lower our reward cut by another 5%!

55k LPT staked - 35%
83k LPT staked - 30%
108k LPT staked - 25%
133k LPT staked - 20% < We are here.
158k LPT staked - 15%

A big thank you to our delegators for supporting our efforts :rocket:

On another note, we finalized a recent education-based grant that helps orchestrators scale with Docker and Portainer. Here’s a full video walkthrough voiced and recorded by @MikeZupper :

anlivepeer.com

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UPDATE 9/4/22

In August we:

  • Hit another staking milestone. Thank you delegators, you rock!

  • Updated our Grafana dashboard/workflow, increasing efficiency while providing a cleaner frontend.

  • Authored a new guide, helping orchestrators improve their Arbitrum RPC infrastructure. This is our 3rd grant to be approved! Another team effort with @MikeZupper (video coming soon).

  • Set up a new node to serve the São Paulo ingest region.

We continue to experiment and improve our infrastructure, with September’s focus being on proxying Livepeer.

Just one more staking milestone to go before we decide what kind of incentives we can put together next :slight_smile:

55k LPT staked - 35%
83k LPT staked - 30%
108k LPT staked - 25%
133k LPT staked - 20% < We are here
158k LPT staked - 15%

anlivepeer.com

UPDATE 9/9/22

We did it!

Thanks to our delegators we’ve crushed every one of our staking milestones. Delegators now receive 85% of daily reward calls and 76% of ETH fees.

Note: Our ETH cut is not set in stone and may be adjusted in the future depending on market factors to help cover expenses. We’ll always post here and on our website at least a day before making any changes.

As we continue to grow, we’ll think of more ways to incentivize delegators :wink:

55k LPT staked - 35%
83k LPT staked - 30%
108k LPT staked - 25%
133k LPT staked - 20%
158k LPT staked - 15%
173k LPT staked < We are here

anlivepeer.com

UPDATE 9/22/22

UPCOMING FEE CUT CHANGE

As suggested in our last post, our fee cut is not set in stone, and on October 1st we plan to raise it to 45%. We feel the need to make this adjustment due to a few factors:

  • Rising operational costs due to the ongoing energy crisis

  • Shrinking daily rewards due to increased participation in the network

  • General market sentiment

We believe this is still a competitive split, and ideally would like to lower it again as soon as it’s feasible.

Important: If you are currently delegating with us and have ANY questions or concerns about the upcoming adjustment, reach out on Discord (Authority_Null#8136) or via email (Authority_Null@anlivepeer.com).

Thanks!

1 Like

Congrats on reaching your recent staking milestone - your work is awesome. Good on you! :+1:

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UPDATE 10/04/22

We’d like to introduce some new long term staking milestones.

For every 75k LPT staked, we’ll lower our reward cut by 1%, and 2% when we reach 1m LPT staked. We really want the milestones to be a challenge this time around!

175k LPT staked - 15% < We are here
250k LPT staked - 14%
325k LPT staked - 13%
400k LPT staked - 12%
475k LPT staked - 11%
550k LPT staked - 10%
725k LPT staked - 9%
800k LPT staked - 8%
875k LPT staked - 7%
950k LPT staked - 6%
1m LPT staked - 4%

Happy staking!

anlivepeer.com

3 Likes

UPDATE 11/17/22

Our nodes have been running smoothly for the last 2 months, not a whole lot of intervention or tweaking needed!

Last week we had our best day yet, and although a lot of the work increase as of late is most likely due to Livepeer Inc’s internal testing, it’s still good to see that our infrastructure can handle a healthy amount of concurrent streams.

30streams

We’ve also managed to take the number 2 spot for 90 day trailing fees on the network - a big milestone for us! Huge thanks to our delegators.

We’re paying close attention to the features like VOD coming to the network, and are always looking for ways to improve our setup. We’re excited to see how Nvidia’s 40 series, Netints GPU’s, and even possibly Intel’s GPU’s perform on the network in the near future.

We’re also continuing to work on community projects that aim to improve Livepeer’s ecosystem as a whole and we’re excited to share more when the time is right.

Don’t forget about our dynamic reward cut :slight_smile: The more we can get staked to our node, the lower it will go!

180k LPT staked - 15% < We are here
250k LPT staked - 14%
325k LPT staked - 13%
400k LPT staked - 12%
475k LPT staked - 11%
550k LPT staked - 10%
725k LPT staked - 9%
800k LPT staked - 8%
875k LPT staked - 7%
950k LPT staked - 6%
1m LPT staked - 4%

anlivepeer.com