LiquidNetwork on Nostr: Sending $USDT? Stacking $BTC? Swapping from Lightning to Liquid? ⚡️🌊 Fees on ...
Sending $USDT? Stacking $BTC? Swapping from Lightning to Liquid? ⚡️🌊
Fees on Liquid are lower than ever now that ELIP 200 has been deployed on mainnet. Give it a try in AQUA Wallet (nprofile…jv3w) and let us know what you think. How low can you get?
Fees on Liquid are lower than ever now that ELIP 200 has been deployed on mainnet. Give it a try in AQUA Wallet (nprofile…jv3w) and let us know what you think. How low can you get?
quoting nevent1q…624xAs the technical providers for the LiquidNetwork (nprofile…0cnd) , we are excited to announce the deployment of ELIP 200: Discounted Fees for Confidential Transactions on Liquid mainnet.
The new fee policy offers up to 90% reduction in fees when sending assets like USDT. 🧵 👇
https://blog.blockstream.com/confidentiality-made-affordable-elip-200-unlocks-up-to-90-lower-fees-on-liquid/
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For example, a confidential $USDT - Liquid transaction that previously cost 250 sats in fees now requires only 25 sats—around 0.03 cents at current $BTC prices.
This makes Liquid a more compelling option for sending cross-border remittances or stacking bitcoin.
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The Blockstream-led Liquid engineering team, together with the LiquidNetwork (nprofile…0cnd) Technology Board, spent months refining the policy.
This process optimized txs while preserving key features like asset issuance and high uptime that users have come to rely on.
https://liquid.net/federation
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With fees now dramatically reduced, Liquid’s financial privacy features are more accessible and affordable than ever before.
This is particularly beneficial in emerging markets served by user-friendly Liquid wallets like AQUA Wallet (nprofile…jv3w) , Blockstream (nprofile…6av2) Green, and BullBitcoin (nprofile…tx7p) .
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In other news, we have locked-in the next Liquid Developer Bootcamp, scheduled for February 3-4, after planbnetwork (nprofile…w8hp) in San Salvador.
Registration for the bootcamp begins today and is limited to 35 seats. Sign up form linked. 👇🌊
https://form.typeform.com/to/DzJgDTOW
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Finally, we want to thank the Liquid Federation and the community for their continued support and look forward to the impact of ELIP 200 on adoption and Bitcoin capital markets.
For further details, check out the Elements 23.2.5 release notes. Onward!
https://github.com/ElementsProject/elements/releases/tag/elements-23.2.5