This proposal is to add a Livepeer vault. Livepeer has a staking mechanism that rewards token holders for participating in the protocol. As you can see at https://staked.us/yields/, Livepeer currently rewards stakers with ~24% yield.
Create a Livepeer vault that enables the delegation of LPT to a vault contract that then stakes with an orchestrator on token holders behalf and claims inflation rewards.
A livepeer vault would allow for the aggregation of LPT tokens, delegation to optimal orchestrators and reduce the gas burden on individuals claiming their rewards. Currently claiming inflation rewards is prohibitive for small LPT holders due to gas costs.
yLPT would implement
deposit will allow holders to deposit LPT tokens into the contract.
withdraw allows withdrawal subject to the performance fee.
select allows the redelegation of tokens toward an orchestrator (can be gated by community vote),
harvest claims rewards.
For: Implement yLPT vault
Against: Do not implement yLPT vault