pull down to refresh
21 sats \ 3 replies \ @didiplaywell 25 Jul \ parent \ on: How does Muun even make money? lightning
Impressive. Would you mind making a post detailing this workflow? I'm sure many (as me) are not aware of any of this
This Muun blog post was super informative, as well as this Phoenix blog post.
I don't think this convoluted Kraken -> Muun -> hardware wallet strategy is going to be worth it in the long run. That's because it's exploiting both:
- the fact that Kraken is "too nice" with users who withdraw with Lightning (they should have a small % L2 fee like everyone does). Especially considering they're not nice at all with users who withdraw on L1, the contrast is too strange
- the fact that Muun is "too nice" with users like me who literally make them lose money
reply
Thank you for all the information Sr. I'm not going to use Muun that way but it's always constructive to know what's possible :)
reply
My pleasure friend! 🤝
reply