Before you start
You need:- LPT on Arbitrum One
- a small ETH balance on Arbitrum One for transactions
- a compatible wallet connected to Livepeer Explorer
Bridge LPT to Arbitrum
Move or acquire LPT on Arbitrum One before you try to delegate it.
What bonding means
Review the risk model and stake mechanics before you compare operators.
Step 1: Confirm active-set status
Start in Livepeer Explorer. Filter the orchestrator list to currently active operators, then open each candidate profile you are seriously considering. If an operator is not active now, your stake helps them compete for activation but does not earn round rewards until they are active.Step 2: Check reward-call reliability
This is the first real quality gate. Before commission, before branding, before social presence, check the recent reward-call history. Strong signal:- near-perfect reward calling across recent rounds
- no recent streak of missed rounds
- no sign that the operator is underfunded for gas or operationally absent
- frequent missed rounds
- long gaps
- recent inactivity with no visible recovery
Why missed reward calls matter more than a tiny commission difference
Why missed reward calls matter more than a tiny commission difference
Missing
reward() means the delegator pool simply misses that round’s inflation. There is no catch-up call in the next round.What usually causes misses
What usually causes misses
The common causes are operator downtime, poor automation, or running out of ETH for transaction gas.
Step 3: Compare commission terms
rewardCut
This is the percentage of inflationary LPT the orchestrator keeps before the rest is shared with delegators.
- lower is better for delegators
10%means delegators share the other90%
feeShare
This is the percentage of ETH fees the orchestrator passes to delegators.
- higher is better for delegators
80%means delegators share80%of the fee revenue
Step 4: Check concentration and resilience
After reliability and commission, look at how much of total bonded stake the operator already controls. Questions worth asking:- are they comfortably active or just above the cutoff?
- are they already highly dominant?
- are you comfortable contributing more stake concentration to that operator?
Step 5: Look for signs of durability
Optional, but useful for meaningful positions:- how long they have been active
- whether they have visible governance participation
- whether they communicate publicly
- whether their recent history shows consistency instead of one good month
Selection checklist
- currently active
- reliable recent reward-call history
- acceptable
rewardCut - acceptable
feeShare - not uncomfortably concentrated
- durable enough for your risk tolerance
After you choose
Once the checklist is complete:- open the chosen orchestrator’s profile in Explorer
- confirm they are still active
- follow the approval and bond flow in Delegate Your LPT
Frequently asked questions
Can I delegate to more than one orchestrator from one wallet?
Can I delegate to more than one orchestrator from one wallet?
No. One bonded position maps to one orchestrator per wallet.
What if my orchestrator later becomes inactive?
What if my orchestrator later becomes inactive?
Your stake remains bonded, but it stops earning active-round rewards until the operator returns or you redelegate.
How much ETH should I keep for gas?
How much ETH should I keep for gas?
Keep a small Arbitrum ETH balance available for the initial delegation plus later claim, redelegation, or unbonding actions. Use “small reusable balance” as the rule, not a fixed dollar amount.
Delegate Your LPT
Execute the approval and bond flow now that you have chosen an operator.
Delegation Economics
Use the reward model to compare the practical impact of these operator choices.