$LPT

#LPT (Livepeer) is an Ethereum token powering the Livepeer network, a **decentralized video streaming platform**. It allows developers to integrate video into their applications, offering a cost-effective alternative to traditional services. LPT tokens are primarily used for **staking** to secure the network, incentivize "orchestrators" who transcode video, and participate in governance. It's crucial for the network's function and security, not just a medium of exchange.