The Wall: March Update #ItsOver9000

Forwards: 9714

Volume: ~13 BTC (~130% of local)

Terminal Rank: 17

This was our best month ever in terms of number of forwards, volume, and profit; depsite some expensive force-closes. I attribute most of the success to the rapid proliferation of nostr and their #zapathon (hi #plebchain ), and to a new node management tool.

In February we started using a new feature in Lightning Terminal (LiT), called Autopilot Autofees. You can find it in LiT by clicking the Loop tab, and then Autopilot. Set the slider to enable, and then unselect (with the lightning bolt toggle) any channels for which you want to maintain manual fee control, and save.

Autopilot, in their own words: "allows for automated node management. With the Autofees feature, users can enable automatic, dynamic channel fee setting. This feature can significantly reduce the maintenance overhead for managing a node, improve fee earnings, and improve the balance of funds on a node." Autofees will run its fee adjustment algorithm every three days, and record those changes in the LiT UI, under Home > Autopilot. If you check out the Forwards tab, you can see some nice stats and a graph of your fee earnings over time. If you want to disable autofees on a channel, or globally, you can do that with a couple of clicks.

We have been using the tool to augment our standard administration practices with great success. We run autofees on almost every channel and we are looking forward to the future of LiT. If you want to check it out, v0.9.0-alpha just dropped yesterday (you will need lnd v0.16.0-beta).

Reading this post back, it sounds like we are shilling the crap out of this thing, but I assure you that we have received zero compensation. Its just a good tool.

https://github.com/lightninglabs/lightning-terminal/releases/tag/v0.9.0-alpha

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