square shape over clouds

Status

Completed

Square Capacity

5,000,000 SAT

5.0M SAT / 0.05 BTC

Spaces Available

None

All 4 spaces are filled

Channel Duration

12 months or more

Open at least till: July 14, 2022

Description

This is a Bitcoin Lightning Network liquidity swap, designed to help LN node operators generate both outgoing and incoming liquidity, increase connectivity and decentralization of the network.

Swap ID: 457 was created on July 13, 2021 by Steed.

What to Do Next?

This Swap is closed for applications. Please find another Swap, and sign in to join or start a new one.


Node A

Channel Opened

Steed

Steed

Rated

Applied 5 months ago and last seen about 1 month ago.

Has 98,450,177 SAT capacity in 30 channels.

Rank: 6 / Tungsten Node.

A have opened to B

Node B

Channel Opened

Applied 5 months ago and last seen 8 days ago.

Has ~14.97 BTC capacity in 313 channels.

Rank: 8 / Gold Node.

B have opened to C

Node C

Channel Opened

Applied 5 months ago and last seen 5 months ago.

Has 31,018,361 SAT capacity in 14 channels.

Rank: 6 / Tungsten Node.

C have opened to D

Node D

Channel Opened

Applied 5 months ago and last seen 12 days ago.

Has ~3.079 BTC capacity in 98 channels.

Rank: 7 / Silver Node.

D have opened to A


9 Comments

Big Plebnet.org wrote 5 months ago

mempool is pretty empty right now. i started the channel opening to steed.


CaptainCracken wrote 5 months ago

hey bigpleb, we already have a direct channel.


xmrk wrote 5 months ago

my channel is opening, and fees will be set to 0/0 for my channels with A and C, so that you can rebalance. (I really added a rule to my charge-lnd config, and my node runs charge-lnd every 30 minutes, so there may be delay.)


Big Plebnet.org wrote 5 months ago

@CaptainCracken, sorry, I didn't notice when I joined. Oh! I see why. I presume that ppl's name here represents their node's alias. My bad. I shouldn't have made that assumption.


Big Plebnet.org wrote 5 months ago

@CaptainCracken you can either mark your side as done, or you can open a new channel to make up the liquidity. Either way, I think we're all good here.


Steed

Steed wrote 5 months ago

Anyone wants to rebalance? I cant this week (away from local network)


Big Plebnet.org wrote 5 months ago

Steed & I have 5m between us, but Captain & I have only 1.3m. This is my fault in that Captain and I already had a channel between us from a prior swap & I didn't notice that when I joined.

I can balance us to 700k, but unless Captain wants to close the 1.3m channel & open a 5m channel, we're limited to 700k.


Steed

Steed wrote 5 months ago

Hey Plebnet & Captain,
I would suggest to open a larger channel of 5M, as per the spirit of this ring. It will be more effective then for routing etc; and we can do a proper rebalance.


Big Plebnet.org wrote 5 months ago

The channel between Captain & my node has 97% of the 1.3M sats on my side. If Captain opens a 5M channel to me, I'll close the 1.3M channel I already have to him. Or am I violating a lightning network custom by keeping that channel open to him? I'm a noob, trying to do the right thing. Any suggestions for what I can do to make things right are welcome.


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