Auto Fees and Auto Rebalancing

Posted 4 months ago by DarthPikachu

Starting with block height 921799, I have enabled Auto Fees (AF) and Auto Rebalancing (AR) through LNDg. I have historically managed fees myself and have not rebalanced channels. I am heeding the advice of smarter node runners by enabling these features to "support the network". 

Default oBase is 0; Default oRate is 1000 ppm. AF will adjust accordingly. Cheers!

11 Comments

LightningNetworkLiquidity

LightningNetworkLiquidity wrote about 2 months ago

Which channels are you turning on AR for?
Just the ones LNDg is suggesting or all of them?


DarthPikachu

DarthPikachu wrote about 2 months ago

Hi! LNDg's Autopilot is enabling AR at the channel level. Initially I enabled for all, and then Autopilot kicked-in.


LightningNetworkLiquidity

LightningNetworkLiquidity wrote about 2 months ago

I've never used AR-Autopilot but your saying that it will both turn AR on and off. 
I thaught that it only turned AR on. 
Do you know what criteria it uses to turn AR off? Are there settings for this?


DarthPikachu

DarthPikachu wrote about 2 months ago

Yes Autopilot will enable AR at the channel-level. Here is my Autopilot logs page showing it dis/enabling it for various channels:

image.png 84.1 KB


Looking at one specific channel, you can see it turning on/off:

image.png 34.3 KB

If you scroll to the bottom of the Advanced Settings page, you can enable it on/off. I've played with the "Autopilot days" using different values (only 6, 7, and 8) not seeing much difference.

If you click the Autopilot menu, it can show you recommended actions that it would take if you do not have it enabled.


LightningNetworkLiquidity

LightningNetworkLiquidity wrote about 2 months ago

Any idea, what the algorithm / criteria is for LNDg to select channels to enabled or disabled AR?
The readme doc on the official github is quite lean on the details of this.
https://github.com/cryptosharks131/lndg?tab=readme-ov-file#auto-rebalance-action-suggestions

If your not sure I can always ask one of the LLM's and get a highly confident hallucination. :P

Or worst case I can ... read the source code !!!


DarthPikachu

DarthPikachu wrote about 2 months ago

The actions are based on flow, and the settings that you have for your node or those specific channels. I'm not a technologist so unfortunately cannot read the code :) You should definitely read the source code, and then have some commentary added to Github for me to read!


j.publius wrote 4 days ago

How has LNDg been for you? I've been using Lightning Terminal to auto-fee


DarthPikachu

DarthPikachu wrote 4 days ago

It seems to be doing OK. The smallest fee change increment is one hour right now; I'd like to be able to make it 30 minutes if possible. I have not used Lightning Terminal for auto-fees. Better than LNDg?


j.publius wrote 3 days ago

I may be wrong, but the shortest interval I've found for the fee change is 2 days. I couldn't find any settings to adjust it, either. I'll definitely spend some time later today checking out LNDg. Thanks!


DarthPikachu

DarthPikachu wrote 3 days ago

On the bottom of the Advanced Settings page of LNDg, you can set the AF Update in hours, but it won't accept values below '1'.

image.png 7.89 KB


j.publius wrote 2 days ago

LNDg on start9 doesn't currently work with LND 0.20.1  :(
image.png 10.5 KB

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