Lightning Network yields are back to 1.5% APY.
quotingYields from selling channels on Magma briefly dropped below zero as mempool fees screamed higher.
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This is mostly due to the conservative calculation methodology where the close fee is predicted to match the open fee, but will be revised (⬆️ likely) as close fee data is received.
Magma sellers also made a request for higher fixed fee options, which we implemented. Sellers can now align their pricing to support larger channel opens, for higher yields and lower prices.
https://twitter.com/ambosstech/status/1732399748781629612?t=22DvQLx4quXsfOgQB4EbpQ&s=19
As a result, channel sellers on Magma are capturing higher yields by increasing fixed fee prices while Magma/Hydro channel buyers are seeing larger channels reach lower prices.
LN Yields are again reaching 2% APY despite the high fee environment on Magma.