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fanaticrain21
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Replying to Avatar Blockstream

As the technical providers for the nostr:npub1nyyhnqahf3cgqzcc927x7eqyd2msgplfe27ddn6hpgu2m200wh2s0s7gan , we are excited to announce the deployment of ELIP 200: Discounted Fees for Confidential Transactions on Liquid mainnet.

The new fee policy offers up to 90% reduction in fees when sending assets like USDT. 🧵 👇

https://blog.blockstream.com/confidentiality-made-affordable-elip-200-unlocks-up-to-90-lower-fees-on-liquid/

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For example, a confidential $USDT - Liquid transaction that previously cost 250 sats in fees now requires only 25 sats—around 0.03 cents at current $BTC prices.

This makes Liquid a more compelling option for sending cross-border remittances or stacking bitcoin.

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The Blockstream-led Liquid engineering team, together with the nostr:npub1nyyhnqahf3cgqzcc927x7eqyd2msgplfe27ddn6hpgu2m200wh2s0s7gan Technology Board, spent months refining the policy.

This process optimized txs while preserving key features like asset issuance and high uptime that users have come to rely on.

https://liquid.net/federation

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With fees now dramatically reduced, Liquid’s financial privacy features are more accessible and affordable than ever before.

This is particularly beneficial in emerging markets served by user-friendly Liquid wallets like nostr:npub1ajlrwgfj4yerhqf7ady03h7wmtk2qr3gs7h3sxcx83k05yld36sswpzx3q , nostr:npub1jg552aulj07skd6e7y2hu0vl5g8nl5jvfw8jhn6jpjk0vjd0waksvl6n8n Green, and nostr:npub18ull0tdnj9vugtq259k48szg80al44ta7g4fa85nvj3svaq7kt8s9udcl9 .

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In other news, we have locked-in the next Liquid Developer Bootcamp, scheduled for February 3-4, after nostr:npub1awnu9vg352863e7tqlc6urlw7jgdf8vf00tmr76uuhflp4nnn68sjmnnl3 in San Salvador.

Registration for the bootcamp begins today and is limited to 35 seats. Sign up form linked. 👇🌊

https://form.typeform.com/to/DzJgDTOW

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Finally, we want to thank the Liquid Federation and the community for their continued support and look forward to the impact of ELIP 200 on adoption and Bitcoin capital markets.

For further details, check out the Elements 23.2.5 release notes. Onward!

https://github.com/ElementsProject/elements/releases/tag/elements-23.2.5

Awesome👌