News 🚀 Crypto Earn Bitcoin For Providing Liquidity Via Boltz Pro

[Capybara]

Today, Boltz is launching Boltz Pro, a service that lets users help Boltz manage its bitcoin wallet and Lightning channel liquidity, and I plan to test it out.

But first some background on how Boltz Pro works.

According to Kilian, a co-founder of Boltz, the balances of Boltz’s wallets and Lightning channels are constantly shifting, especially as the volume and velocity of sats flowing through the platform increases.

So, the idea behind Boltz Pro is that users can help provide liquidity for swaps in the event that Boltz’s balances run low.

Here’s an example:

Let’s say Boltz is running short on its base chain bitcoin supply. Boltz will set its dynamic fee to -0.15% for bitcoin-to-Lightning swaps. This means that users get paid a 0.15% fee.

Once Boltz has seen enough volume flow in this direction and Boltz’s bitcoin wallet is refilled, fees will return to normal.

You won’t need to sign up to use Boltz Pro. Just stay on the lookout at https://pro.boltz.exchange/ for when fees on the platform flip negative and take advantage of the opportunity. And keep in mind that Boltz never takes custody of user funds, so you get to earn these sats in a non-custodial manner.

This is now the first place I’ll check when I’m looking to move sats between the base chain and Lightning or vice versa, as I’d much rather be paid to use Boltz than pay to use it.

Kudos to Boltz for enabling users to make a few extra sats for helping them out.

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