Merge pull request #320 from carlaKC/docs-autoloopfixups

docs: update autoloop fees to explain fee percentages properly
pull/313/head
Carla Kirk-Cohen 3 years ago committed by GitHub
commit 6a44f9d7a6
No known key found for this signature in database
GPG Key ID: 4AEE18F83AFDEB23

@ -95,9 +95,10 @@ loop setparams --maxminer={limit in satoshis}
### Server Fees ### Server Fees
#### Swap Fee #### Swap Fee
The server charges a fee for facilitating swaps. The autolooper can be limited The server charges a fee for facilitating swaps. The autolooper can be limited
to a set swap fee using the following command: to a set swap fee, expressed as a percentage of the total swap amount, using
the following command:
``` ```
loop setparams --maxswapfee={limit in satoshis} loop setparams --maxswapfee={percentage of swap volume}
``` ```
#### No-Show Fee #### No-Show Fee
@ -113,12 +114,19 @@ loop setparams --maxprepay={limit in satoshis}
### Off-Chain Fees ### Off-Chain Fees
The loop client dispatches two off-chain payments to the loop server - one for The loop client dispatches two off-chain payments to the loop server - one for
the swap prepayment, and one for the swap itself. The total amount that the the swap prepayment, and one for the swap itself. The amount that the client
client will pay in off-chain routing fees can be limited using the following will pay in off-chain fees for each of these payments can be limited to a
command: percentage of the payment amount using the following commands:
```
loop setparams --maxprepayfee={limit for swap in satoshis} --maxroutingfee={limit for prepay in satoshis} Prepayment routing fees:
``` ```
loop setparams --maxprepayfee={percentage of prepay amount}
```
Swap routing fees:
```
loop setparams --maxroutingfee={percentage of swap amount}
```
## Budget ## Budget
The autolooper operates within a set budget, and will stop executing swaps when The autolooper operates within a set budget, and will stop executing swaps when

Loading…
Cancel
Save