Liquid Network: Bitcoin reserves fully restored, LBTC now 1:1 backed
Liquid Network posted on X that the network's Bitcoin reserves have been fully restored, and all LBTC is once again backed 1:1 by BTC.Several weeks ago, BTC and LBTC redemptions resumed, allowing users to move assets between the Bitcoin network and Liquid at a 1:1 ratio through participating swap providers. Users can verify the federation reserve proof by running a Liquid node, and can also view reserve balances and network activity through a public dashboard.
