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0 sats \ 5 replies \ @k00b OP 30 Apr \ parent \ on: SN's wallet plans meta
SN will accept "fee credits" as if they were sats (in addition to also accepting sats).
SN can spend its own bitcoin freely, so it will take the fee credits it earns and pay them back out as sats in rewards.
Ah, meaning one can't "stack" these and simply convert them into Sats once a specific amount has been acquired, but has to actively spend them in order to enter the daily rewards, thus enabling one to acquire Sats.
Otherwise, you're simply left with hot air, correct?
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They cannot convert them. They can pay them to us, and we can "convert them" and distribute them as sats in rewards.
The main thing is that we can't control money on your behalf. The sats/credits in rewards are ours and we can choose what we do with our own money.
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Ah: one can contribute them to a "pool", thereby influencing the total rewards for a given period, correct?
But that doesn't mean that one automatically receives something in return for doing so, also correct?
Which means that one could go out empty-handed while giving something in return, triple correct?
I'm not judging, simply trying to get the bigger picture.