0 sats \ 2 replies \ @OT 14 Jun \ on: What is the business model of a BTC Wallet provider? bitcoin
I don’t think they have one. Phoenix makes money when you open a channel through them, as well as 0.4% on the routing fees.
They should really sell merchandise to help pay themselves. I’d love an electrum or a Sparrow T-shirt if I knew the sats were going directly to the developers.
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42 sats \ 1 reply \ @kilianbuhn 14 Jun
Only 0,4%? From how much I hear people complaining about their single channel routing fees that sounds kinda low
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0 sats \ 0 replies \ @OT 14 Jun
It higher than other LN wallets, but in my experience the success rate is a lot higher and is worth paying
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