Why specifically standard deviation? There are so many different fee levels at Amboss 😂
Optimizing #Lightning fees isn’t guesswork.
I use nostr:npub19tcpurtt6xulhw0r6sc404j9jraj0h8me2lzs7z2tqewz7l0hpas59nlea → check the standard deviation → set fees slightly above/below.
Keeps channels balanced & sats flowing. ⚡
https://youtube.com/shorts/iTfvTlMkDKg
#Bitcoin #LivingOnBitcoin
Discussion
Trust me, I’m well aware. 🤣
I choose the standard deviation for simplicity sake and it provides a good balance of all the different aspects of setting fees.
I could dive into this more in future videos if you’re interested.
Yes please! Channel fees and balancing them is such a black art. Don't really see many good quality guides about it! Good content!
By the way... How do you find your on-chain fees compared to your profits from routing? On chain fees (force close) are absolutely destroying me
I could definitely create something, I will make a note!
Speaking on finding on-chain fees compared to your profits. LNDg is great for that, I mentioned it in this video more in depth at the 10:00 mark.
It's ok to time the market when opening and closing channels orderly.. Or batch it..
But force closures are brutal
I’ve only ever forced closed once on my previous lightning node.
I’ve since moved to a new one.
For a brief moment in time I was able to have everything flow naturally in and out. What’s your node ID? Maybe we can chat about a channel. 😁
Personally I prefer weighted average.
Looking at the fee distribution graph on amboss, standard deviation always feels so high.
There is a lot liquidity below your level that will be eaten before you.. But you will be paying high rebalance fees using lndg.
Not sure what's best.
I currently only have one channel open BUT when I get around to opening more. I will take a deeper look. I usually study what you’re looking at. It’s just so much work tbh.