> ## Documentation Index
> Fetch the complete documentation index at: https://livepeerfoundation-d4522ba3.mintlify.site/llms.txt
> Use this file to discover all available pages before exploring further.

# Protocol parameters

> Governance-controlled values that shape orchestrator and delegator behavior — verified on-chain, with the exact getters to re-check them.

These values are **governance-controlled**. They can change without a docs release if governance
updates them on-chain.

<Note>
  **Last verified: 1 July 2026**, read directly from the contracts on Arbitrum One
  (`eth_call` via `arb1.arbitrum.io/rpc`, round `4253`). Anything can have changed since — the
  getters below let you re-check in seconds.
</Note>

## Staking & rewards

| Parameter                 | Verified value                                         | Getter                                      | Why it matters                                                         |
| ------------------------- | ------------------------------------------------------ | ------------------------------------------- | ---------------------------------------------------------------------- |
| Unbonding period          | `7` rounds                                             | `BondingManager.unbondingPeriod()`          | Full exit is delayed this long after you unbond                        |
| Active set size           | `100` orchestrators                                    | `BondingManager.getTranscoderPoolMaxSize()` | Only the top 100 by stake earn rewards and receive jobs                |
| Treasury reward cut       | `0%` — **paused** (see below)                          | `BondingManager.treasuryRewardCutRate()`    | When active, reduces the issuance shared by orchestrators + delegators |
| Treasury balance ceiling  | `750,000 LPT`                                          | `BondingManager.treasuryBalanceCeiling()`   | Contributions pause when the treasury reaches this balance             |
| Target bonding rate       | `50%`                                                  | `Minter.targetBondingRate()`                | Inflation adjusts around this target                                   |
| Inflation adjustment step | `500` (per round, parts-per-billion)                   | `Minter.inflationChange()`                  | How fast inflation moves toward the target                             |
| Current inflation         | `560,500` parts-per-billion per round (\~0.056%/round) | `Minter.inflation()`                        | Changes every round — always read live                                 |
| Round length              | `6,377` L1 blocks (\~21.3 hours)                       | `RoundsManager.roundLength()`               | The protocol's clock; "a round ≈ a day" is shorthand                   |

<Warning>
  **The treasury cut is currently paused.** LIP-92 set a 10% treasury reward cut with a balance
  ceiling; the ceiling has been reached, so both `treasuryRewardCutRate()` and
  `nextRoundTreasuryRewardCutRate()` currently read `0`. Older docs (including Livepeer's own) still
  say "10%" — treat that as the *design*, not the live state. Governance can resume contributions.
</Warning>

## Governance thresholds

| Parameter              | Verified value           | Getter                                                                          |
| ---------------------- | ------------------------ | ------------------------------------------------------------------------------- |
| Proposal threshold     | `100 LPT` bonded         | `LivepeerGovernor.proposalThreshold()`                                          |
| Quorum                 | `33.33%` of voting power | `LivepeerGovernor.quorumNumerator()` / `quorumDenominator()` (333300 / 1000000) |
| Voting delay           | `1` round                | `LivepeerGovernor.votingDelay()`                                                |
| Voting period          | `10` rounds (\~9 days)   | `LivepeerGovernor.votingPeriod()`                                               |
| Timelock minimum delay | `0`                      | `Treasury.getMinDelay()`                                                        |

<Note>
  Some public Livepeer guides describe a "30-round (\~3.75 days)" voting window. The chain says
  otherwise: `votingPeriod()` returns `10`, and at \~21.3h per round that's roughly nine days. The
  same window applies to both protocol and treasury proposals.
</Note>

## Verify these yourself

Every value above is one `eth_call` away — no tooling beyond `curl` required. Example, reading the
voting period:

```bash theme={null}
# votingPeriod() on LivepeerGovernor — selector 0x02a251a3
curl -s -X POST -H "Content-Type: application/json" \
  -d '{"jsonrpc":"2.0","method":"eth_call","params":[{"to":"0xcFE4E2879B786C3aa075813F0E364bb5acCb6aa0","data":"0x02a251a3"},"latest"],"id":1}' \
  https://arb1.arbitrum.io/rpc
# → 0x...0a = 10 rounds
```

Or browse the contracts directly:

* [BondingManager on Arbiscan](https://arbiscan.io/address/0x35bcf3c30594191d53231e4ff333e8a770453e40)
* [Minter on Arbiscan](https://arbiscan.io/address/0xc20de37170b45774e6cd3d2304017fc962f27252)
* [RoundsManager on Arbiscan](https://arbiscan.io/address/0xdd6f56dcc28d3f5f27084381fe8df634985cc39f)
* [LivepeerGovernor on Arbiscan](https://arbiscan.io/address/0xcfe4e2879b786c3aa075813f0e364bb5accb6aa0)
* [Treasury on Arbiscan](https://arbiscan.io/address/0xf82c1ff415f1fcf582554fdba790e27019c8e8c4)

## Related

<CardGroup cols={2}>
  <Card title="Contract addresses" icon="file-contract" href="/network/reference/contracts">
    The full set of deployed addresses, Controller-resolved.
  </Card>

  <Card title="Economics" icon="coins" href="/network/explanation/economics">
    How these values translate into returns.
  </Card>
</CardGroup>