Liquid Network Fully Restores Bitcoin Reserves, Reinstating 1:1 LBTC Backing
TLDR: The Liquid Federation says the network’s bitcoin reserves are fully restored, backing all LBTC 1:1. BTC and LBTC swaps returned weeks earlier, letting users move between networks at a 1:1 rate. Reserves can be verified through Proof of Reserves on Liquid nodes or the liquid.network dashboard. The Federation plans governance changes, clearer oversight, and [...]
The post Liquid Network Fully Restores Bitcoin Reserves, Reinstating 1:1 LBTC Backing appeared first on Blockonomi.
Source: Source: Blockonomi