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571 sats \ 2 replies \ @supertestnet 10 Jan \ on: PeerSwap Economics: Comparison with LOOP (and the problem with Rebalancing) lightning
Just remember that peerswap only works if you are willing to trust a centralized custodian with your money
When you use peerswap you always end up with some exposure to L-BTC. The moment you have that exposure might be the moment Liquid's multisig decides to rug everyone.
https://m.stacker.news/11620
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10 sats \ 1 reply \ @antic 10 Jan
PeerSwap also enables direct BTC for LN BTC exchange if you don't want to use L-BTC (if the peer enables BTC swapping).
https://www.datocms-assets.com/99305/1702226228-peerswaps-btc-lbtc.png
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0 sats \ 0 replies \ @supertestnet 11 Jan
I didn't know that. Very cool!
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