thebullishbitcoiner on Nostr: Learned something new today, with regards to ZEUS PAY. Thought I’d share, so you ...
Learned something new today, with regards to ZEUS (npub1xnf…lpr5) PAY. Thought I’d share, so you can be aware.
While the 50K minimum to open a channel to OLYMPUS has been removed, dynamic fees are now in place (due to the high fee environment).
So even though you *can* open a channel with 200 sats, you’d still have to pay the setup fee. Below is a sample invoice with a setup fee of 65K sats (transaction fees were around 150 sats/vByte at the time).
In conclusion: Keep your eyes peeled for when there’s lower demand, and make sure you have enough water on hand. 🤙
While the 50K minimum to open a channel to OLYMPUS has been removed, dynamic fees are now in place (due to the high fee environment).
So even though you *can* open a channel with 200 sats, you’d still have to pay the setup fee. Below is a sample invoice with a setup fee of 65K sats (transaction fees were around 150 sats/vByte at the time).
In conclusion: Keep your eyes peeled for when there’s lower demand, and make sure you have enough water on hand. 🤙