Shtacks_City's Posts

Dear Channel Partners,

Thank you for signing up to the channel swap contracts and opening channels with me!

For the following reasons I am looking to permanently shutdown my node (although unlikely, I may come back later).

1) I have some issues with my current setup and will need to completely reinstall everything for security reasons.
2) Issues with channel closures resulting in unexplained very large closure costs. This is too risky for me in a high fee environment.
3) The amount of BTC used to open channels is a large amount for me and I do not want to risk this much anymore.
4) Potentially looking to move location and live somewhere else.
5) This is a good time to close channels given that fees are low and most are away on holiday.

If you opened a channel to me, I am happy to pay for your channel opening and closure costs, just send me an invoice.

I will mutually close channels with the lowest fee possible.

Thank you!

Apologies as my node went down for a few hours today due to someone unplugging the machine by accident. 

My node is now back online.

I adjust fees based on the liquidity in my channels.

Right now, the average fee for my outbound liquidity is under 50 sats ppm!

Right now, the average fee for my inbound liquidity is under 110 sats ppm!

I adjust fees based on the liquidity in my channels.
 
Low outbound liquidity will have me use a higher ppm fee.
High outbound liquidity will have me use a lower ppm fee.

Right now, the average fee for my outbound liquidity is under 40 sats ppm!
 

Thank you to everyone who opened channels with me. 

I aim to have a good routing node by having a 50/50 split of inbound and outbound liquidity, high up-time and low fees.

I have just rebuilt my node and everything works well.

I was looking to create a private swap agreement with some people and would aim to keep these channels open for as long as possible (maybe 1 year or more). 

The reason why I want to keep channels open for this long is due to the inevitable rise in on-chain fees, opening and closing channels will eat away your sats and I want to avoid that!

I am looking to open channels with liquidity of 1m up-to 4m sats per channel.

I am asking people who have been around for at least 1 year with good ratings to join such a swap agreement. 

Please let me know if you are interested, thanks!

Tested my setup and my connection is now stable, will begin opening channels in a better fee environment. Thanks everyone!

Channels are now in the process of closing down since my connection continues to go down randomly. My node should not go down randomly, I aim to solve this problem over the next few months and will be back even stronger!

Dear Channel Partners,

I will need to close down all my channels maybe later this month. By this point, nearly all of my contracts should expire. 

For those contacts with some time left outstanding, I would be happy to pay for your opening and closure fees where you opened a channel to me.

I am taking this step to prevent any accidental mistakes and avoid unnecessary loss of funds. These funds are important for the network from a liquidity/route availability stand point and to myself who likes to shtack sats.

Keeping all channels open would be great, however, I feel that this risk is too high with the setup changes that I will need to make in the coming months.

Thank you for your understanding.

Shtacks_City