Replying to Avatar Nathan Day

Yep, been running it for a few weeks now.

It's great, been flawlessly DCA-ing in from Pocket via LN, splicing-in as I go.

Mad some chunky LN payments to, and some on-chain splice-outs.

LN fees a little high. Anything over £100 is cheaper on-chain at the mo.
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QnA 2y ago

Perhaps I'm misunderstanding, but are you saying that payments greater than £100 via LN are dearer in Phoenix even if you already have a channel of the appropriate size?

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Nathan Day 2y ago

Flat fee of 0.4% for outbound LN.

Inbound LN free, assuming you have the liquidity. If not then a splice-in triggered with just on-chain fees.

https://acinq.co/blog/phoenix-splicing-update