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Regolancer Controller for LND

This repository provides a Python script that automates the rebalancing of Lightning Network channels using Regolancer for LND nodes. The script monitors your channels and automatically triggers rebalancing for those below a specified threshold.

Table of Contents

  1. Features
  2. Requirements
  3. Installation
    3.1 Clone the Repository
    3.2 Ensure Regolancer is Installed
  4. Configuration
    4.1 default.json
    4.2 config.ini
  5. Instructions
    5.1 Listing Your Channels
    5.2 Managing Channel Configurations
    5.3 Start a Screen Session
    5.4 Run the Script
    5.5 Detach from the Screen Session
    5.6 Reattach to the Screen Session
    5.7 Logging Rebalancing Activity
  6. How It Works
  7. Customization
  8. Logging
  9. Contributing
  10. Bonus: Viewing the SQLite Database with VSCode

Features

  • Automated Channel Rebalancing: Identifies channels with a local balance below a defined threshold and rebalances them using Regolancer.
  • Concurrent Processing: Supports multiple rebalancing processes running in parallel, configurable via the config.ini file.
  • Customizable Settings: Easily adjust parameters like threshold levels, parallel processes, and pause durations.
  • Channel Configuration Management: Use addpeers.py and removepeers.py scripts to add or remove channel IDs from your Regolancer configuration.
  • Channel Listing: Quickly obtain your channel IDs using listchannels.sh for easier management.
  • Database Logging: Records rebalancing activity and calculates rebalancing rates using database.py.
  • Continuous Monitoring: Rechecks channels after rebalancing attempts to ensure they meet the desired balance threshold.

Requirements

  • Python 3.6+
  • Regolancer: https://github.com/rkfg/regolancer
  • LND node binaries.
  • screen (recommended for running the script in the background).
  • SQLite3 (for database logging)

Installation

1. Clone the Repository

git clone https://github.com/jvxis/regolancer-controller.git
cd regolancer-controller

2. Ensure Regolancer is Installed

Make sure Regolancer is installed, and the binary is located at go/bin/regolancer relative to the script directory.

Configuration

default.json

The default.json file contains configuration parameters for Regolancer.

  • Purpose: Specifies parameters such as fee limits, channel exclusions, and other rebalancing options specific to Regolancer.
  • Instructions: Modify this file to reflect your preferred rebalancing settings. Refer to Regolancer's documentation for detailed configuration options.

config.ini

The config.ini file contains parameters for the controller script.

  • Parameters ([parameters]):
    • THRESHOLD: The fraction of channel capacity below which a channel should be rebalanced (e.g., 0.30 for 30%).
    • MAX_PARALLEL: Maximum number of rebalancing processes to run simultaneously.
    • PAUSE_DURATION: Time in seconds to wait before rechecking channels after a rebalance attempt.
  • Commands ([commands]):
    • GET_CHANNELS: Command to retrieve channel information (default: lncli listchannels).
  • Paths ([paths]):
    • JSON_PATH: Relative path to your Regolancer configuration file (default: default.json).
    • DB_PATH: Relative path to your SQLite database file (default: regolancer.db).

Instructions:

1. Open config.ini in a text editor.

2. Adjust the parameters under [parameters] to match your desired settings.

3. Ensure the JSON_PATH under [paths] points to your default.json file.

4. Verify that the GET_CHANNELS command works with your LND setup.

Usage

1. Listing Your Channels

Use the listchannels.sh script to obtain a list of your channel IDs.

./listchannels.sh > channels_list.txt

This command will output your channel IDs into a file called channels_list.txt, which will be used by other scripts for managing your channels.

2. Managing Channel Configurations

Adding Channels to Configuration To add channel IDs to your Regolancer configuration. This list will put the ID as "exclude_from" and "to", i.e., will try to use other channels to fill the ones on this list. If you have a channel that you want to fill, HERE IS THE SCRIPT TO MAKE THIS HAPPEN.

python3 addpeers.py
  • The script will prompt you to enter the channel IDs you wish to add to the list, separated by commas.
  • It will update default.json, adding the specified channel IDs to the exclude_from and to lists.

Removing Channels from Configuration To remove channel IDs from your Regolancer configuration:

python3 removepeers.py
  • The script will prompt you to enter the channel IDs you wish to remove, separated by commas.
  • It will update default.json, removing the specified channel IDs from the exclude_from and to lists.

3. Start a Screen Session

It's recommended to run the script inside a screen session to keep it running in the background and to prevent it from stopping if the terminal is closed.

screen -S regolancer

4. Run the Script

python3 regolancer-controller.py

5. Detach from the Screen Session

Press Ctrl+A, then D to detach from the screen session while leaving the script running.

6. Reattach to the Screen Session

To return to the running session:

screen -r regolancer

7. Logging Rebalancing Activity

The database.py script logs rebalancing activity into a SQLite database and calculates rebalancing rates.

Setting Up database.py in Crontab:

To automate the logging process, add database.py to your crontab to run every 15 minutes:

  • Open your crontab file:
crontab -e
  • Add the following line to schedule the script every 15 minutes:
*/15 * * * * /usr/bin/python3 /path/to/regolancer-controller/database.py
  • Replace /path/to/regolancer-controller/ with the actual path to your regolancer-controller directory.

  • Ensure the Python interpreter path is correct (/usr/bin/python3).

  • Save and exit the crontab editor.

How It Works

  • The regolancer-controller.py script retrieves a list of your channels using the lncli listchannels command.
  • It identifies active channels where the local balance is below the specified THRESHOLD of the channel capacity.
  • For each qualifying channel, it initiates a Regolancer rebalance process.
  • The script manages multiple rebalancing processes concurrently, respecting the MAX_PARALLEL limit set in config.ini.
  • After each rebalance attempt, the script waits for PAUSE_DURATION seconds before rechecking the channel's balance.
  • If a channel remains below the threshold after rebalancing, it is re-added to the queue for another attempt.
  • The process continues until all channels meet or exceed the desired balance threshold.
  • The database.py script logs rebalancing activities into a SQLite database for analysis and monitoring.

Customization

  • Adjusting Rebalancing Behavior: Modify default.json to change how Regolancer performs rebalancing, including fee limits and strategies.
  • Script Parameters: Use config.ini to fine-tune the script's operation without altering the code.
  • Channel Management: Use addpeers.py and removepeers.py to manage your channel configurations easily.

Logging

  • The script generates log files named rebal-{peer_alias}.log for each channel rebalance attempt, stored in the script directory.
  • Rebalancing activities are recorded in the SQLite database regolancer.db by database.py.

Contributing

Contributions are welcome! Please open an issue or submit a pull request with improvements or suggestions.

Bonus: Viewing the SQLite Database with VSCode

You can use Visual Studio Code (VSCode) to view and manage the SQLite database generated by database.py. By using a SQLite editor extension, you can easily browse the tables, execute queries, and visualize your rebalancing data.

image

Steps:

1. Install Visual Studio Code if you haven't already. Download it from here.

2. Install a SQLite Extension:

  • Open VSCode.

  • Go to the Extensions view by clicking on the Extensions icon in the Activity Bar on the side of VSCode or by pressing Ctrl+Shift+X.

  • Search for "SQLite" and install an extension such as:

    • SQLite3 Editor

3. Open the Database:

  • In VSCode, open the folder containing your regolancer.db file.

  • Locate the regolancer.db file in the Explorer pane.

  • Double left-click on the database file and select. "Open with SQLite3 Editor".

4. Browse the Tables:

  • The extension will display the tables in the database.

  • You can expand each table to view its schema and data.

  • Execute SQL queries to analyze your rebalancing activities.

By using VSCode with a SQLite extension, you gain a powerful interface to interact with your rebalancing data, making it easier to monitor and analyze the performance of your channels.

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