LND stands for lighting node?

So you can open a channel with Phoenix wallet?

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LND = Lightning Network Daemon. It’s a complete implementation of a lightning network node.

https://github.com/lightningnetwork/lnd

Yes you can open a channel with Phoenix wallet. You kinda have to in order to use it. You send a “large” amount of sats to it. A fee is deducted to open a channel and then you’re ready to use it