Nice data point! Thanks for sharing
And say it was consistently 10%, what are the reasons that yield might compress?
Competition. Entropy. Malfunction. Etc?
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Biggest driver of earnings is routing volume. It’s the one factor out of the hands of the noderunner. But volumes overall on the network have been very steadily increasing for a while now. In the past there would be shorter spurts of heavier volumes; what we are seeing now is very consistent and sustained.
Competition— I don’t think is much of an issue at this point. There are very few ‘professional’ lightning modes outside of the large commercial operators. There’s currently more demand for liquidity than is being met imo.
Hey perv
Perv
