Replying to Avatar Meyer

nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5 - how many confirmations before I can use a channel I opened with the Olympus LSP? Would love to start zapping some sats around

Depends what fee rate you chose. The default should be a block or two but the fee env is volatile.

It’s instant if you buy a channel by paying a wrapped invoice tho

Reply to this note

Please Login to reply.

Discussion

Only had 1 confirmation when I last checked so assume I should be good in about a half hour. Will just lower my time preference a bit ha

What’s a wrapped invoice? How do you go about buying a channel by paying a wrapped invoice?

I was trying to sweep the 58k sats I have sitting on alby into Zeus but there is a 35k LSP fee so not even close to worth it. Will just shoot those sats over to nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 and move those sats to cold storage at some point in the near future

On a side note, you guys are the best! Really appreciate everything you guys are doing to make self-custodial “easy” for us non techie folks

That’s it. 35k sats is lowest we can charge right now. Anyone charging substantially less than that is having their cost subsidized somehow; that’s not sustainable.

I get it! Just no rush for me most times so I can wait and save on fees. Will go with on-chain in and then manually open the channel with you guys