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0 sats \ 2 replies \ @nichro 25 Apr \ parent \ on: Phoenix Wallet - Swap In lightning

I believe this is the case too.

Basically onchain transactions expand and shrink the channel.

Receive BTC from onchain = channel capacity grows

Send BTC to onchain = channel shrinks

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0 sats \ 1 reply \ @denlillaapan 25 Apr

Yup.

Will defer to Darth here, since he def knows more than me in this area

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0 sats \ 0 replies \ @ek 26 Apr
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