Livepeer Community Begins Establishing Processes for Accessing and Deploying Treasury Funds

By Livepeer
Jan 16, 2024, 9:38 AM
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The Livepeer community has approved a community governed onchain treasury and is now focusing on establishing the right processes for accessing and deploying treasury funds.​ Any token holder with at least 100 LPT staked can submit a funding proposal to the Livepeer Treasury.​ If the vote achieves a 33% quorum and 50% of the voting stake votes yes, the funding will be released.​ The treasury should be used to fund public goods in the ecosystem and Special Purpose Entities.​ Building community support and raising awareness of proposals are crucial for success.​ Transparent and accountable stakeholders are valued in the Livepeer community.​

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