Skip to content

Commit

Permalink
Merge pull request #1747 from MarnixCroes/coinjoin-fees
Browse files Browse the repository at this point in the history
Coinjoin: update fees
  • Loading branch information
MarnixCroes authored Jun 20, 2024
2 parents e95f656 + 95197eb commit 703f20b
Show file tree
Hide file tree
Showing 2 changed files with 9 additions and 5 deletions.
Binary file added docs/.vuepress/public/SettingsCoinjoinConfigs.png
Loading
Sorry, something went wrong. Reload?
Sorry, we cannot display this file.
Sorry, this file is invalid so it cannot be displayed.
14 changes: 9 additions & 5 deletions docs/using-wasabi/CoinJoin.md
Original file line number Diff line number Diff line change
Expand Up @@ -64,12 +64,16 @@ Notice that it is not yet possible to coinjoin from a hardware wallet, the keys

### Fees

A 0.3% coordination fee will be taken from fresh coins bigger than 0.01 BTC.
Coins less than or equal to 0.01 BTC don't pay coordination fees at all, according to the _PlebsDontPay_ threshold.
The coinjoin coordinator sets its own fee policy for the coinjoin service provided.

Remixing is free, as well as coinjoining coins 1 hop from a coinjoin, although, Bitcoin mining fees still do apply, as shown in [this table](/FAQ/FAQ-UseWasabi.md#what-are-the-fees-for-the-coinjoin).
So if you send a coinjoined coin and receive a change output, you will not be charged the coordination fee for this change output.
The recipient of the payment will not have to pay the coordination fee, as long as he is making coinjoins with the same coordinator.
Although the coordinator cannot steal money from the coinjoin participants, it could set a high mining fee rate and/or a high coordination fee.
This would make the participants pay a lot (unnecessarily).
To prevent against such behavior the Wasabi client can configure the maximum mining fee rate and the maximum coordination fee it is willing to pay per round.
If one of these is higher than the set values, the client will not participate in the coinjoin.

The default values are 0% coordination fee and maximum 150 sat/vByte mining fee rate.

![Coinjoin Configurations](/SettingsCoinjoinConfigs.png "Coinjoin Configurations")

## WabiSabi protocol step-by-step

Expand Down

0 comments on commit 703f20b

Please sign in to comment.