Direct Peg-in is a feature you can enable in the advanced settings of AQUA Wallet. When activated, any Bitcoin you send via an on-chain to your AQUA Wallet will automatically be converted to L-BTC on the Liquid Network. This makes your funds immediately available for Liquid or Lightning transactions without any extra steps.
Previously, sending an on-chain transaction to your AQUA Wallet deposited the funds into your on-chain savings account, requiring you to use the swap function to move the funds into the Liquid Network. This process involved two transactions and paying fees twice.
After enabling Direct Peg-in in the advanced settings, you will see an option for Direct Peg-in when you go to Layer 2 Bitcoin > Receive under the Liquid tab.
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