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20 sats \ 2 replies \ @snufon OP 26 Jul \ parent \ on: How does Muun even make money? lightning
This Muun blog post was super informative, as well as this Phoenix blog post.
I don't think this convoluted Kraken -> Muun -> hardware wallet strategy is going to be worth it in the long run. That's because it's exploiting both:
  • the fact that Kraken is "too nice" with users who withdraw with Lightning (they should have a small % L2 fee like everyone does). Especially considering they're not nice at all with users who withdraw on L1, the contrast is too strange
  • the fact that Muun is "too nice" with users like me who literally make them lose money
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31 sats \ 1 reply \ @didiplaywell 26 Jul
Thank you for all the information Sr. I'm not going to use Muun that way but it's always constructive to know what's possible :)
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20 sats \ 0 replies \ @snufon OP 26 Jul
My pleasure friend! 🤝
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