Nostr Web Client

I have about 4m sats in #Phoenix and they gave me 3m additional incoming liquidity. The truth is I hardly use it though, and I have to wonder how they feel about having that liquidity tied up in an unproductive way.

Zach⚡️ 2y ago

That’s a lot of liquidity! I wonder if they are able to initiate splice out transactions. That could be an interesting model.

Zeus only gave me 100k but then I balanced it up.

Over the course of an entire year I’m sure you’ll use it more than you think, and even a 0.5% return on Bitcoin in that manner is phenomenal.

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Discussion

Crizzo 2y ago

You might be right. They've collected a few thousand sats in fees from me since May. If my usage goes up they'll be taking them in with their monopoly on routing for me.

Zach⚡️ 2y ago

It’s definitely not a monopoly - but yes, you shouldn’t worry that they aren’t getting enough out of the arrangement 🤣

Crizzo 2y ago

I mean from within the Phoenix app. I can't route a payment through anywhere but them.