The issue here is, Muun isn't using LN at all. It uses submarine swaps to facilitate LN invoices.
What this means? When the on-chain fees are up, Muun's fees going up too.
The issue here is, Muun isn't using LN at all. It uses submarine swaps to facilitate LN invoices.
What this means? When the on-chain fees are up, Muun's fees going up too.
Thank you for explaining that. I didn't realize.
Yeah when fees are high Muun is BRUTAL on fees. Meanwhile using a real lightning wallet you will continue to pay low tx fees even during a high on chain fee environment
I still use Muun primarily as a means of converting on-chain to lightning for various purposes.
Not just the users are paying higher fees, they also contribute to full blocks in the first place.
Great thread by nostr:npub1m0n0nautpnk0jntmg89kgjucfwygrsppcpf963um5eqkjehqwess7rd0un