how do i do a circular rebalance with a node? #1329
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I entered 1k satoshis in amount to rebalance. It says next to it "Receive from peer" -- what do I put here? I tried copying the public id of a node, but then it just shows an error: "Receive from Peer is required." How do I complete this? I'm unable to receive zaps until I move some funds apparently. |
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Hi @ralyodio you need to have multiple channels on your node to execute a circular rebalance A circular rebalance is a payment you make to yourselves, which sends payment out from one channel, and is received via another. This means that you need at least two channels on your node, one with liquidity to send the payment out and another with liquidity to receive the amount. If you just have one channel or channels with only liquidity on your side (i.e. local balance), you won't be able to do circular rebalance. Also, you cannot put a random node's pubkey on circular rebalancing, you need to have a channel with the node with which you can do the rebalance. You must choose from the dropdown menu. It sounds like you're trying to acquire inbound liquidity, so that you can receive payments on your node. There are multiple options for you to accomplish that:
Hope this helps |
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Hi @ralyodio you need to have multiple channels on your node to execute a circular rebalance
A circular rebalance is a payment you make to yourselves, which sends payment out from one channel, and is received via another. This means that you need at least two channels on your node, one with liquidity to send the payment out and another with liquidity to receive the amount.
If you just have one channel or channels with only liquidity on your side (i.e. local balance), you won't be able to do circular rebalance. Also, you cannot put a random node's pubkey on circular rebalancing, you need to have a channel with the node with which you can do the rebalance. You must choose from the dropdown …