LPoS is a type of PoS meant to increase mining power, address inherent issues found in PoW, and improve other types of PoS, such as delegated proof-of-stake (DPoS).
Balance leasing
Decentralized
Unpredictable block generation
Fixed tokens
Scalability
Rewards
Passive investment
Allows smaller investors to participate
Difficult to manipulate
Increases chances of winning rewards
Retain ownership
Low barrier to entry
Delegated proof-of-stake (DPoS)
Pure proof-of-stake (PPoS)
Proof-of-validation (PoV)
Hybrid proof-of-stake (HPoS)
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Source: Cryptocurrency - investing.com