today, Boltz It is launched Boltz Proa service that allows users to help Boltz manage their Bitcoin wallet and Lightning channel liquidity, and I plan to test it.
But first some basic information on how Boltz Pro works.
According to Kilian, a Boltz co-founder, Boltz wallet balances and Lightning channels are constantly changing, especially as the volume and speed of satellites streaming through the platform increases.
So, the idea behind Boltz Pro is that users can help provide liquidity for swaps in case Boltz balances run low.
Here is an example:
Let’s say Boltz experiences a shortage of supply of Bitcoin from the main chain. Boltz will set its dynamic fee to -0.15% for Bitcoin to Lightning swaps. This means that users get a fee of 0.15%.
Once Boltz sees enough volume flow in that direction and Boltz’s Bitcoin wallet refills, fees will return to normal.
You don’t need to register to use Boltz Pro. Just stay informed https://pro.boltz.exchange/ Because when the fees on the platform are negative and you take advantage. And remember, Boltz never takes custody of users’ funds, so you can earn this money in a non-custodial manner.
This is now the first place I’ll check when I’m looking to move satellites between the Basic Series and Lightning or vice versa, as I’d rather get paid to use the Boltz than pay to use it.
Kudos to Boltz for enabling users to do a few extra sessions to help them out.
This article is a takes. The opinions expressed are entirely those of the author and do not necessarily reflect the opinions of BTC Inc or Bitcoin Magazine.