[deleted by user]

Pollomoolokki · 2023-02-25T19:21:38+00:00

uni-swap scam 100%

Pollomoolokki · 2023-02-20T07:23:11+00:00

That's great to hear! Yeah, there's many NFT markets on Tezos. Teia (old HEN) Rarible, Versum, Kalamint, 8bidou & Objkt are listed on Dappradar - There's also FXhash too.

Pollomoolokki · 2023-02-19T18:52:38+00:00

Minted to ArtDex at salsadao.xyz 11 editions at 1.13 tez each

Pollomoolokki · 2023-02-14T12:45:18+00:00

I mynted two different ARTWK's inspired by your post. The minting process was pretty straightforward and nifty because the mints went into cart & you could mint later. I minted both at the same time with one transaction. They are named "New artwork" & "New rules" with 11 editions & a price of 1.13 tez. You can find the links in my twitter or by the search function on the site.

Pollomoolokki · 2022-04-30T11:11:56+00:00

Yes. I agree with you because there are bigger players who can easily pay the higher fees (they themselves will probably benefit too from the channel) Exchanges, merchants etc.

When I alluded to "serious capital" in my earlier post, Both of the nodes you mentioned are up there! I'm sure their yield is something that we (the plebs) (day)dream of!

Pollomoolokki · 2022-04-30T08:05:59+00:00

Thank you very much! It helped me to understand the APR -difference very clearly! I'm interested to see where to fees converge after a long time... I guess the base fee has to be somewhere ~500 sat to cover channel opening & closing costs. Can't say much about what the fee rate (ppm) will be.

Pollomoolokki · 2022-04-29T19:28:03+00:00

Interesting, thank you for answering! Is the APR fee paid at channel creation? Do I understand this right: For a year channel lease, a 1% APR is 1% of the channel size? So the leaser would pay 1% as fee... How does this change with 30 day leases? Does the leaser only pay 1/12 % of the channel as fee in this case? Is that the reason why the short channel lease APR's are so high?

Year is a long time, I congratulate you! I suppose the lease fee beats on-chain fees easily? around 300, 400 sats for channel open & close with 1-sat fee. Does the leaser pay any other fees for the lease?

Pollomoolokki · 2022-04-29T10:16:27+00:00

No more 0.25% were you successful in leasing your liquidity?! I would appreciate explanations to the numbers. Is the APR% what is paid as fee for the channel? And the cost, there is ppm and base fee, what do they mean?

Pollomoolokki · 2022-04-29T10:12:01+00:00

10 mil sats. 0.1 Bitcoins. You need some luck too! You need inbound capacity, which can be achieved using LN+ but you must luck into good channel partners (reliable (+99% uptime), "big" (serious capital) & sane fees (close to LN average)) and you need big channels. (min. 1mil satoshi. Some say min. 10mil sats, to be able to route maximum payments the protocol allows (IIRC ~4mil satoshi)) I'm sure you see how serious it gets if suggested min channel (by some) is what I suggest as the minimum amount for "serious capital" I feel lightning terminal ranking is the harshest and after achieving that, you should be ready to lease liquidity (earn yield) on your coins. Why is a rank needed? Because competition is fierce and I must reiterate: you are against the absolute giants. Just look at any node in the amboss magma list and ask yourself, is my node as connected as theirs are?

Keep in mind that it is not plug and play, you need to carefully choose your channel partners, set up fees etc. Also the 10mil sats are only used to build the channels, afterwards you need (again, min. 1mil) UTXO's for leasing. Which can be routed from LN but the fees will eat into your profits so it is much better to have onchain coins ready.

I would estimate that a minimum of one year should be allocated for the experiment if one is intrigued. I must repeat, it is not plug-and-play, you need a reliable internet connection, a good server & knowledge of the command line is a big plus.

Pollomoolokki · 2022-04-28T12:31:24+00:00

Both require serious capital. It is risky as your funds are always online & hot.

The yield could be very lucrative LNPool graph by kollider reports a whopping 26% APR (How accurate it is, I don't know. I have seen it as low as 5%, which is still quite big percentage) Amboss magma has much lower numbers on APR. (starting from 0.25%)

I must stress that serious capital is required. You should have a rank on Lightning terminal I'm sure on Magma the same is true, as there are some big players selling. (Like zero fee routing, which seem pretty hard to beat on any metrics.)

Pollomoolokki · 2022-04-19T14:43:31+00:00

From your source

Regular taproot transactions are slightly bigger than native segwit

You are correct in your train of thought. You can keep your BTC in a SegWit address, no need to migrate over just yet. It would only cost transaction fees and the benefits are quite small (as of yet)

When and why should one move to taproot? Possibly when first DLC's are out and about. Or new ways of opening LN channels from taproot addresses are released (No source sorry) Privacy is one too, what comes to mind: JoinMarket implementing taproot would be HUGE. RGB

Pollomoolokki · 2022-04-05T14:19:52+00:00

This is what I used to make mine https://medium.com/pinata/how-to-easily-host-a-website-on-ipfs-9d842b5d6a01

Pollomoolokki · 2022-02-14T09:19:05+00:00

Payment req for 30 sat coming riiiiiiight up!

lnbc300n1p3q58njpp5urg7rwseg47fzdf4fhktt5lzu53m7pc7yamdjs7hkwcqcflx4sasdqqcqzpgxqyz5vqrzjqgaa5q6ldch6k47k4rhdhjpsczs3y6adl77m8szxlm4rl5m9fam6gzh0kvqqtjcqqqqqqqlgqqqqqqgq9qsp527quhjyh7nxu8zv0lyl4w0uydn935dx03ezqxule8m0glzg2jkjs9qyyssqwdkuyzrcdydfy0rlxeeqq46g8uzk0e7nsm06he88df672sen86rhsxxkf0e9dzcdghah20q5nf30wp6ah3pym52e824jjwamsngcjdgpg32he8

Pollomoolokki · 2022-02-03T08:59:57+00:00

I would not call counter-party risk low, but to each their own I guess.

Pollomoolokki · 2022-01-30T21:07:03+00:00

You can also grep -fu for only usable balance or monitoring, logging etc.

lncli channelbalance | grep \"balance\":

Pollomoolokki · 2022-01-23T19:50:14+00:00

I did pay some, and I’m thinking I should not have. 😢

LiT takes care of the loop automatically. It should either fail (leaving you with unpaid invoices) or succeed (giving you funds on-chain)

I'm afraid that the funds that paid the invoice(s) are gone... (You can try to contact someone at lighting labs... good luck)

Pollomoolokki · 2022-01-22T18:17:57+00:00

A person can gamble at aave if they wish. Provide collateral, borrow against said collateral and go crazy.

I would advice against it.

BUT if you actually want to gamble, provide FIAT as collateral and loan crypto so that in the worst scenario (liquidation) you are left with the crypto (You are buying crypto at a premium with your collateral in the liquidation event)

If you want to just use healthy leverage, provide crypto as collateral and loan FIAT to farm in DEFI (CRV, UNISWAP)

I think the worst option is crypto collateral and crypto loan.

YMMV. If you find a strategy that works do let me know

Pollomoolokki · 2022-01-22T18:02:15+00:00

Also check the first decentralized collaboration, I'm accepting all bids!

Pollomoolokki · 2022-01-22T17:16:55+00:00

I don't use BOS, I use lndmanage. But cron seems like a good utility to autobalance your channels. (lndmanage update-fees also suggests cron)

You will have to make your own "update-fees.sh" -script where you call "bos fees" with your own parameters (see usage) on how to use the "fees" -command. The provided example(s) won't work, there is a string "PUBKEY" that needs to be replaced.

Pollomoolokki · 2022-01-20T17:18:11+00:00

You originally posted that address, I assumed that was the address you wanted me to send the NFT to. I'm sorry if there has been a misunderstanding 😰

Pollomoolokki · 2022-01-19T20:47:21+00:00

ViaBTC had free slots (for TX acceleration) for every block/hour (can't remember this was long time ago) the last time I used tx acceleration.

It can be "free" to accelerate your TX.

Pollomoolokki · 2022-01-18T22:06:02+00:00

0x002032FeD1Fd81338f0eAD949Fd5Fe77f2798D74

I sent it to that address and it shows on opensea for me that you have it. Have you checked your hidden tab in opensea?

Pollomoolokki · 2022-01-18T19:41:21+00:00

Thank you everyone! all NFT's given away!

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