Yeah, as you said it creates one channel with acinq that it keeps updating (using "splicing"). The fees are currently following

bitcoin_beginners

An average Cuban's view on 3 node wallets. IT IS NOT A GUIDE.

BTCLNAT

Yeah, as you said it creates one channel with acinq that it keeps updating (using "splicing"). The fees are currently following

|Operation|Fees|
|---|---|
|Sending via Lightning|0.4 % + 4 sat|
|Sending on-chain|mining fees (user-chosen)|
|Receiving via Lightning|0 (no fees)|
|Receiving via Lightning with insufficient liquidity|1% + mining fees|
|Requesting liquidity|1% + mining fees|
|Receiving on-chain|mining fees|
|Channel creation|1000 sat|

[based on Phoenix docs](https://phoenix.acinq.co/faq#what-are-the-fees)


Operation	Fees
Sending via Lightning	0.4 % + 4 sat
Sending on-chain	mining fees (user-chosen)
Receiving via Lightning	0 (no fees)
Receiving via Lightning with insufficient liquidity	1% + mining fees
Requesting liquidity	1% + mining fees
Receiving on-chain	mining fees
Channel creation	1000 sat