reply on: SN release: LNC attached wallet, 100k wallet limit, search bookmarks, more \ stacker news ~meta

72 sats \ 9 replies \ @grayruby 27 Apr \ on: SN release: LNC attached wallet, 100k wallet limit, search bookmarks, more meta

So if wallet limit is 100k it will automatically withdraw anything beyond 100k to my attached wallet?

Then I will zap people and be below 100k and when it is time to pay territory rent I won't have enough sats to cover and will have to deposit to exactly 100k and that will get auto withdrawn and I will have to deposit again to ensure I have sats in my SN wallet.

Is this correct? If so, it doesn't seem optimal.

82 sats \ 8 replies \ @k00b OP 27 Apr

You have always been able to pay for your territory with an invoice. For any paid action on the site, if your wallet doesn’t have sufficient balance, an invoice pops up.

You set your own auto withdraw limits.

131 sats \ 7 replies \ @grayruby 27 Apr

Yes I am aware. I wasn't implying it wasn't possible. I was just saying it is not optimal. Maybe wallet limit should be 110k considering territories.

41 sats \ 6 replies \ @k00b OP 27 Apr

I see. Let’s give a run and see how it goes first.

71 sats \ 5 replies \ @jeff 27 Apr

I agree with @grayruby, this is a hassle/annoying.

Just change to 120k.

Perhaps territory ownership could come with higher limit.

58 sats \ 4 replies \ @k00b OP 27 Apr

I agree with both of you for the record. Infinite custodial balances have the best UX.

41 sats \ 3 replies \ @grayruby 27 Apr

Doesn't need to be infinite.

176 sats \ 2 replies \ @k00b OP 27 Apr

I just meant larger custodial balances have better UX than smaller ones. People paying yearly territories will want the limit higher than the yearly cost too.

We are progressively moving to a non-custodial experience. Every increment will inconvenience us, but we need the inconvenience so we can learn how to deal with it.

I still haven't written up a detailed post on our plans. I'll try to write something up this weekend.

110 sats \ 1 reply \ @grayruby 27 Apr

Paying for territories once or once yearly via invoice is not really an inconvenience. Whatever you guys want to do but there seems to be little difference between 100k limit and a 120k limit as Jeff suggested.

I understand what you are trying to accomplish but as we saw with zapping on nostr when Damus got removed from app store the small bit of friction between zapping in note and zapping in profile had a material effect on behavior. I get it is not easy to strike the balance between the best possible UX and a less custodial experience, I don't envy the trade offs you need to make. Again whatever you guys want to do I will support.

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