can a mint charge a fee when minting? i.e. is the amount of the bolt11 of a cashu quote always == to the amount of outputs that can be claimed?

cc nostr:npub12rv5lskctqxxs2c8rf2zlzc7xx3qpvzs3w4etgemauy9thegr43sf485vg nostr:npub1mhcr4j594hsrnen594d7700n2t03n8gdx83zhxzculk6sh9nhwlq7uc226

Reply to this note

Please Login to reply.

Discussion

yes

The protocol does not specify that they have to be equal. However because this is not defined, wallets might have a hard time handling it (or users might have a hard time understanding it). Also there is no way for a mint to announce this fee.

I’d rather see mints charge a few days and have more promise of being sustainable than be free and more likely to disappear at any time

A few sats, stupid autocorrect

Is this like a type of seniorage?

Sure. They can create 9 ecash tokens for every 10 sats received. Or send out 1 sat for every 10 ecash tokens burned. Or even 0!

There is no actual link between the ecash tokens and what they are minted with or redeemed for, so the exchange rate can be anything the mint runner wants it to be, as long as they know how to implement it.

Isn’t the solution in decoupling of issuance and settlement?

nostr:note174qkw0ujwx3z8867sceg8fd7h9kf0w7j8te6a4a6qd76sap0gksqf7d5y4

Yup. The amount you get from a mint quote doesn't need to be the amount to be paid via LN.