Difference between revisions of "Lightning Pool"
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Lightning Pool | Lightning Pool allows you to buy and sell [[Liquidity]]. Someone who needs incoming liquidity would enter a bid order. Someone offering liquidity enters a ask order. | ||
Introduction here: https://lightning.engineering/posts/2020-11-02-lightning-pool/ . Whitepaper: https://lightning.engineering/lightning-pool-whitepaper.pdf | |||
=Installing= | |||
Clone https://github.com/lightninglabs/pool anywhere on your node running [[Lnd]]. Make && make install. Then run poold. | |||
=Account= | |||
An account is needed to work with Pool. It's an onchain transaction. Type '''pool accounts new''' to see how that works. After creating one, wait for the confirmation, then you can place orders. | |||
=Orders= | |||
If you want to offer liquidity (from your account balance) you do '''pool orders submit ask'''. Replace ask by buy if you want to buy liquidity. |
Latest revision as of 06:37, 3 November 2020
Lightning Pool allows you to buy and sell Liquidity. Someone who needs incoming liquidity would enter a bid order. Someone offering liquidity enters a ask order.
Introduction here: https://lightning.engineering/posts/2020-11-02-lightning-pool/ . Whitepaper: https://lightning.engineering/lightning-pool-whitepaper.pdf
Installing
Clone https://github.com/lightninglabs/pool anywhere on your node running Lnd. Make && make install. Then run poold.
Account
An account is needed to work with Pool. It's an onchain transaction. Type pool accounts new to see how that works. After creating one, wait for the confirmation, then you can place orders.
Orders
If you want to offer liquidity (from your account balance) you do pool orders submit ask. Replace ask by buy if you want to buy liquidity.