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We're thrilled to announce that LNSOV Bridge is now available on mainnet!
The LNSOV Bridge allows you to complete trustless swaps between RBTC and LN-BTC⚡. You can do this at https://lnsov.vercel.app/ without having to use any centralized exchange or third-party service provider, which means the only person who needs to be trusted is yourself!
This also means no personal information is necessary, as there's no middleman involved in the process of completing your transaction with another user.
This was done as part of the LNSOV Bridge Grant Proposal which aims to build an open-source, fully working, decentralized, and well-documented submarine swap implementation that supports RBTC and SOV to Bitcoin on Lightning and Bitcoin on Lightning to RBTC and SOV that can be deployed by anyone.
Here's a quick video demo of the swaps by Pseudozach: https://www.youtube.com/watch?v=Uh43EhKDhYo
We also developed a swapper tool that aims to make life easier for bridge operators by automatically managing RBTC/LN liquidity. You can read more on the repo, but it will help balance funds in wallets so swaps towards both sides succeed.
Swapper tool video: https://www.youtube.com/watch?v=-1tjxN00nVE
Sovryn plans on providing liquidity for this bridge to ensure swaps are successful.
Want to be a world-class Sovrynaut? Help us boost the bridge liquidity by opening a channel with us: https://1ml.com/node/0214d3cf7140506ed6c0b459892f5734272fa0b19e0ffc7e99ef120d40eca675fb
Please note that this is beta software - let us know of any issues you face or any feedback/feature requests.
Feel free to reach out for support on Discord to the amazing devs who built this bridge - @pseudozach#1633 @Kris#8171
Backend code: https://github.com/pseudozach/lnsovbridge
Frontend code: https://github.com/pseudozach/boltz-frontend
Swapper tool code: https://github.com/grmkris/btc-rbtc-swapper
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