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lines changed Original file line number Diff line number Diff line change @@ -95,9 +95,10 @@ loop setparams --maxminer={limit in satoshis}
9595### Server Fees
9696#### Swap Fee
9797The server charges a fee for facilitating swaps. The autolooper can be limited
98- to a set swap fee using the following command:
98+ to a set swap fee, expressed as a percentage of the total swap amount, using
99+ the following command:
99100```
100- loop setparams --maxswapfee={limit in satoshis }
101+ loop setparams --maxswapfee={percentage of swap volume }
101102```
102103
103104#### No-Show Fee
@@ -113,12 +114,19 @@ loop setparams --maxprepay={limit in satoshis}
113114
114115### Off-Chain Fees
115116The loop client dispatches two off-chain payments to the loop server - one for
116- the swap prepayment, and one for the swap itself. The total amount that the
117- client will pay in off-chain routing fees can be limited using the following
118- command:
119- ```
120- loop setparams --maxprepayfee={limit for swap in satoshis} --maxroutingfee={limit for prepay in satoshis}
121- ```
117+ the swap prepayment, and one for the swap itself. The amount that the client
118+ will pay in off-chain fees for each of these payments can be limited to a
119+ percentage of the payment amount using the following commands:
120+
121+ Prepayment routing fees:
122+ ```
123+ loop setparams --maxprepayfee={percentage of prepay amount}
124+ ```
125+
126+ Swap routing fees:
127+ ```
128+ loop setparams --maxroutingfee={percentage of swap amount}
129+ ```
122130
123131## Budget
124132The autolooper operates within a set budget, and will stop executing swaps when
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