Today it surged 110%, what does that mean? The spot price has doubled!!!
$LPT is the 'fuel token' for a decentralized video network:
Developers use it to pay for video transcoding fees, node miners stake LPT to provide computational power for task processing and earn profits, while ordinary holders can delegate tokens to nodes to participate in profit-sharing.
Essentially, it replaces the high-cost transcoding model of traditional cloud services with a token economy, making video processing more efficient and affordable.
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