triangle shape over clouds

Status

Completed

Triangle Capacity

2,000,000 SAT

2.0M SAT / 0.02 BTC

Spaces Available

None

All 3 spaces are filled

Channel Duration

12 months or more

Open at least till: November 26, 2022

Participant Restrictions

As reported in your profile, which updates every hour.

Channels

25 channels

Minimum number of channels

Capacity

30,000,000 SAT

Minimum total channel capacity

Additional Rules

1 - We Open at 1 Sat/byte, regardless of time to connect.

2 - Once our channels complete, we agree a time in UTC for us all to coordinate dropping fees to 0/0 for an hour to attempt a rebalance.

3 - You must know how to drop fees to 0/0

4 - Sometimes a circular rebalance is not possible, and only a few peers rebalance, this is acceptable and we can work other ways to complete the rebalance, or not.

5 - We move on!

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: 5088 was created on November 25, 2021 by 1MPLEBS.

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

1MPLEBS

1MPLEBS

Rated

Applied 10 days ago and last seen about 2 hours ago.

Has ~2.5 BTC capacity in 125 channels.

Rank: 7 / Silver Node.

A have opened to B

Node B

Channel Opened

WhoamI

WhoamI

Rated

Applied 10 days ago and last seen 35 minutes ago.

Has ~1.902 BTC capacity in 54 channels.

Rank: 7 / Silver Node.

B have opened to C

Node C

Channel Opened

BTC Sessions

BTC Sessions

Rated

Applied 10 days ago and last seen 9 days ago.

Has ~3.995 BTC capacity in 256 channels.

Rank: 7 / Silver Node.

C have opened to A


17 Comments

1MPLEBS

1MPLEBS wrote 10 days ago

1 - We Open at 1 Sat/byte, regardless of time to connect.

2 - Once our channels complete, we agree a time in UTC for us all to coordinate dropping fees to 0/0 for an hour to attempt a rebalance.

3 - You must know how to drop fees to 0/0

4 - Sometimes a circular rebalance is not possible, and only a few peers rebalance, this is acceptable and we can work other ways to complete the rebalance, or not.

5 - We move on!


BTC Sessions

BTC Sessions wrote 10 days ago

Sup gentlemen? Glad to be part of the triangle!


1MPLEBS

1MPLEBS wrote 9 days ago

Hey BTC... Good work you do!


1MPLEBS

1MPLEBS wrote 9 days ago

BTC_Session - your channel got drained to my side overnight - we are going to struggle to do a rebal here.. Never seen that so quick before....


WhoamI

WhoamI wrote 9 days ago

Hi @all, my channel is ready for rebalancing.


BTC Sessions

BTC Sessions wrote 9 days ago

Holy crap really? If we manage to rebalance you can crank up the fees to slow that down if you like? Unless you recommend another course of action


WhoamI

WhoamI wrote 9 days ago

Depending on the rules, we agree a time for rebalancing and to set the fees down to 0/0. Or did I misunderstand the rules?


WhoamI

WhoamI wrote 9 days ago

just wrote that my channel is setup up and reafy to find a time!


WhoamI

WhoamI wrote 9 days ago

and just to avoid routing through my channel I had to set it up to higher fees


1MPLEBS

1MPLEBS wrote 9 days ago

Both channels with me are pretty much at 0.02 outgoing now - so to rebal I would need to use other channels that are not part of our triangle.


WhoamI

WhoamI wrote 9 days ago

I can set now the channels to 0/0 for rebalancing. Will that fit for you guys to do it within the next hour?


1MPLEBS

1MPLEBS wrote 9 days ago

Who - you miss the point - BTCSessions channel to me, got drained overnight so I have 2 channels that are outgoing now. I cant rebal this triangle, I can only try rebals with other channels in my network ...


1MPLEBS

1MPLEBS wrote 9 days ago

its best to set in your config a minimum fee like 2500 when signing up to new channels - otherwise the network takes advantage of low fee channels and drains them...


WhoamI

WhoamI wrote 9 days ago

haha, very funny guys


1MPLEBS

1MPLEBS wrote 9 days ago

not funny... true.. maybe you and BTC can balance seperately... ill try rebals with other channels... move on..


WhoamI

WhoamI wrote 9 days ago

funny is, that you set rules and .... now we have this result.


1MPLEBS

1MPLEBS wrote 9 days ago

ye well - if the network is going to act before the 'rules' play out, not much we can do...


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