Muun Wallet did the same. It ended not well
In Robosats you can create a P2P swap for Lightning BTC to on-chain BTC and viceversa. Easy way to buy Lightning Bitcoin without KYC and then do an on-chain swap https://learn.robosats.com/docs/swaps/ It's possible to do this with stowaway (enhanced privacy using collaborative multi wallet transaction that masks the amount you are sending)
https://youtu.be/RkaCv2HcIaI (Tutorial in Spanish)
Discussion
Thanks for sharing that. In the case of Robosats you do a P2P swap of Lightning BTC to on chain with another party. It’s for example to move funds between your Lightning wallet when you buy Bitcoin from someone and then to swap it to move it to a hardware wallet. Does incur traders fee and a swap fee based on the order.
I think Muun does it themselves and I also heard they’ve had issues because of the high mempool fees because of the way they function.
Jup you are right. That story was just still in the back of my head. Maybe this is different animal