A new project designed to create a resilient, distributed liquidity sink towards new Tongan nodes working closely with Lord Fusitu’a from the Tongan government. The aim of the project is one of altruism and will give these two Tongan nodes incoming channels with low fees putting more money in the pockets of on the ground Tongans and not in the pocket of Western Union!
Once channels to Tonga are up and running, set fees to 0.21/21. Fees between ring members are up to each individual node operator.
This group will create a 2M ring and open a 2M channel to their assigned Tonga node
The first group will need 10M sats to dedicate to this project. A 5M ring will be created then balanced. Once done, everyone will open their 5M channel to their assigned Tongan node.
The second group will follow the same model but with a 2M ring then a 2M channel opened to their assigned Tongan node.