Earn Bitcoin For Providing Liquidity Via Boltz Pro

cryptonews.net 30/12/2024 - 23:17 PM

Boltz Pro Launch

Today, Boltz is launching Boltz Pro, a service that allows users to assist Boltz in managing its Bitcoin wallet and Lightning channel liquidity.

Background on Boltz Pro

Kilian, a co-founder of Boltz, explains that the balances of Boltz’s wallets and Lightning channels constantly shift as the volume and velocity of sats increase on the platform.

The main idea behind Boltz Pro is that users can provide liquidity for swaps when Boltz’s balances are low.

Example Scenario

If Boltz is low on its base chain Bitcoin supply, it may adjust its dynamic fee to -0.15% for Bitcoin-to-Lightning swaps, which means users earn a 0.15% fee.

Once sufficient volume flows back, fees will return to normal.

How to Use Boltz Pro

There’s no signup needed to use Boltz Pro. Just watch https://pro.boltz.exchange/ for when fees turn negative and seize that opportunity. Remember, Boltz never holds user funds, so earnings can be made non-custodially.

This service will be my first choice for moving sats between the base chain and Lightning, as getting paid for using Boltz is preferable to paying.

Kudos to Boltz for allowing users to earn extra sats by supporting the platform’s liquidity.

This article is a Take. Opinions expressed are those of the author and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.




Comments (0)

    Greed and Fear Index

    Note: The data is for reference only.

    index illustration

    Greed

    63