Status
Completed
Triangle Capacity
SAT 15,000,000
15.0M SAT / 0.15 BTC / ~$13,170
Spaces Available
None
All 3 spaces are filled
Channel Duration
2 months or more
Open at least till: March 22, 2023
Participant Restrictions
Channels
25 channels
Minimum number of channels
Capacity
200,000,000 SAT
Minimum total channel capacity
Connection
Clearnet
Only nodes with a Clearnet address can join
Additional Rules
IMPORTANT
This agreement has a special policy for all participants. Please also see my bio. If you already have a channel with me (that isn''t under such a policy already), that's OK. That channel will be replaced by one under this policy.
Requirements: Outgoing ppm will be 200 or less. The base fee will be 1 sat or less. (With the exception that if flow is so great at 200PPM, that a higher fee is needed but only so high as to cause the channel liquidity to last 14 days).
If the liquidity on your side of the channel drops to below 1Msat, each participant agrees to close their channel and re-open it (with the liquidity on their side), as often as necessary. (Re-balancing under these circumstances will not be necessary; in fact, since we know the channel emptied in one direction, the network will need further liquidity in the same direction, and we may presume it will therefore flow naturally.
This protocol is designed to ensure the Lightning network remains liquid, and pricing stresses in the network are relieved.
This is the second swap I am organising with a similar policy. The current swap is working well.
Description
This is a Bitcoin Lightning Network liquidity swap agreement, designed to help LN node operators generate both outgoing and incoming liquidity, increase connectivity and decentralization of the network.
Agreement ID: 14391 was created on January 18, 2023 by Traverse.
What to Do Next?
Node
Channel Open Reported
A reported opening to B
Node
Channel Open Reported
B reported opening to C
Node
Channel Open Reported
C reported opening to A
Comments
Sorry, once the Liquidity Swap is full, only participants of this swap can read or post comments.