Transcoder Campaign: Stake Capital 0xa6a9

Stake Capital Transcoder has just passed 200k LPT.

Thank you very much ; your support is greatly appreciated. :raised_hands:

https://etherscan.io/address/0xa6a9eb29e786b5233bd99c0ba28be882fe954a0e

New Livepeer new staking dashboard with Orchestrators :fire:

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Updates on our Streamflow upgrade procedures:

  • Round #1610 started and our transcoder called the reward() method.
  • Official Streamflow software upgrade (version v0.5.3) was released around 1am CEST today.
  • The StakeDAO orchestrator has now launched on the new binary by calling the transcoder() method.
  • The protocol will start again at Ethereum block 9,279,360 (~2pm CEST today), at which time StakeDAO will become active in the first round of Streamflow.
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We have just increased our transcoding fees from 1% to 2% to cover our payout fees. Gas on Ethereum has been expensive lately and it costs ~$3 to send all our payouts on average.

Just discovered 0xa6a9eb29e786b5233bd99c0ba28be882fe954a0e has not distributed rewards for 6 rounds already (since 1777)…

Wondering what’s up?

Hey, we did call all rewards after updating the instance and our monitoring bot with new gas price feature into it. https://etherscan.io/address/0xa6a9eb29e786b5233bd99c0ba28be882fe954a0e

We are planning to change our reward cut from 2% to 5% staring from next cycle to be able to pay for the rewards gas cost. As we are currently spending between $30 and $45 to call rewards. Increasing reward cut up to 5% will give us only ~$25 per day so we will subsidise the rest from our own funds.

$88 gas cost…

Stake Capital’s board has decided to increase the fee up to 8% to cover gas cost.