Issue ticket: https://github.com/livepeer/explorer/issues/693
This teardown is focused on a concrete “$100 → delegated LPT” case study.
This case study may reveal that self-custody delegation is less attractive for very small balances unless the UX clearly explains the value of direct participation. That would still be a useful finding, because it helps separate problems Explorer can solve from broader ecosystem or economic constraints.
We will be starting Coinbase as our means of onramping from fiat to ETH, as it is the exchange most akin to a flagship in the ecosystem.
Coinbase offers the ability to purchase LPT directly from the platform, using your connected bank account.
Purchase: 55.85 LPT x $1.76 = $98.16
Spread: 1%
Coinbase Fee: $1.84
When you buy, sell, or convert cryptocurrencies on Coinbase or using the DEX trading feature, fees are charged. These fees are calculated at the time you place your order and can be influenced by factors such as your chosen payment method, order size, market conditions, jurisdictional location, asset, and other costs we incur to facilitate your transaction.
Before submitting your transaction, you can view the fees in the trade preview screen. Please note that fees may vary for similar transactions. By completing an order, you agree to pay the applicable Coinbase fees for that transaction.