Operations, limits and benefits

Mechanism: BULL Wallet is a wallet that enables payments to be made and received via Lighting. Funds received via Lightning are stored on the Liquid network (Instant Payment Wallet) using non-custodial atomic-swap technology via Boltz. This gives you the ability to interact with Lightning without having to manage liquidity channels, while remaining in self-custody.

Benefits:

• Self-custody: Your funds remain under your control, stored on the Liquid network.

• No high on-chain fees: Storage on Liquid avoids costly on-chain deposits to open your Lightning channel, or add / balance liquidity. These operations can be carried out later.

Tip: If the sender has BULL wallet, use the Liquid network directly to avoid swap fees.