Replying to Avatar Ryan

I've been playing too, the process is fast, fees are much lower. I've also done an L-BTC transfer, fast and cheap too, and a peg out to BTC, got it through at 20 sats/vb last night. I'm not sure on liquid for long term stuff, but for quick cheap transfers it seems like a good option.
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corndalorian 2y ago

Wow nicely done on the 20 sats/vB 🔥 Yea I’m thinking of this as an intermediary step between lightning and on chain. Not for huge amounts long term, but as a short term solution for self-custodial storage of amounts I don’t want to leave in lightning, especially custodial lightning. I have Breez and Phoenix but you run into high channel opening fees with those if you exceed your available liquidity.

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Ryan 2y ago

I was surprised it was confirmed this morning for 20 😂

Those are my thoughts too. I stack in smaller buys, and they support L-BTC payouts, so that will help me cut down on utxo's when I send to cold storage. Cheap swaps to and from lightning are handy too, I use Phoenix for safe lightning, and Alby for easy lightning. This will make Phoenix way easier to manage.