Thread by @chrishobcroft

Here is news of a milestone in the project to integrate @LivepeerOrg with @AragonProject.

An Aragon DAO on #Ethereum mainnet delegated Livepeer Tokens to a Transcoder in Livepeer's network.

This will provide the DAO with a share of income to the network.

#DeFi
#EmpowerTheDAO

How it worked:

- A vote was proposed, for an @AragonProject DAO to "Approve and Bond" $LPT to a @LivepeerOrg Transcoder

- The DAO voted "Yes"

- $LPT were automatically delegated to the Transcoder

Go to mainnet.aragon.org/#/video to view the DAO in action.

#DeFi
#EmpowerTheDAO

The Livepeer App is also capable of governing the operations of a Transcoder in @LivepeerOrg's network, allowing the configuration of the Reward Cut, Fee Share, Price Per Segment and ServiceURI.

This feature will be activated on this DAO at a later date.

#DeFi
#EmpowerTheDAO

The Livepeer App is open source and is available to be installed on any @AragonProject DAO

Go to the project's Github repository at github.com/videoDAC/livep… to find out more.

#DeFi
#EmpowerTheDAO

The Livepeer App is produced by the Video DAC project, as part of the @LivepeerOrg community.

Go to forum.livepeer.org/t/transcoder-c… to find out more about this project.

Bond your LPT to this project to help fund its onward development:

explorer.livepeer.org/accounts/0xDAC…

6.35% of Rewards received by this node go towards funding development, with the remaining 93.65% being shared with delegators.

Video DAC is a @LivepeerOrg community-led project.

@LivepeerOrg @AragonProject This DAO has received its first rewards in $LPT, for participating in Round 1372 of the @LivepeerOrg delegated-proof-of-stake protocol.

It started with 0.2 LPT, and now it has 0.200614701104992279 LPT :)

A round lasts 5760 blocks.

@AragonProject

#DeFi
#Ethereum
#EmpowerTheDAO

@LivepeerOrg @AragonProject Following the integration of Aragon with @LivepeerOrg, we have formally requested funding from @AragonProject's Nest programme, to integrate with @compoundfinance, @UniswapExchange, @MakerDAO and @ensdomains.

You can give feedback on this request here: github.com/aragon/nest/pu…

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