TFTC: A Bitcoin Podcast cover image

#370: Deezy and Tao Wallet with Danny Diekroeger

TFTC: A Bitcoin Podcast

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Where Does the Yield Come From?

All routing profits, they come from users of the lighting network paying fees. The crazy ARB stuff where you're getting like the higher yield, what you're mostly doing is you're kind of like siphoning money from custodial exchanges. So yeah, it's kind of a cut throat thing, but also the fix is like pretty easy, you just have to set your fees right,. But yeah, I don't know. How much, how much money are people making to it? I mean, if you do like a one Bitcoin targeted arbitrage strategy, you're making double digit API. Oh shit. Yeah, definitely on definitely.

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