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Liquid Restores Bitcoin Swaps While Direct Peg-Outs Remain Frozen

Outstanding L-BTC is about 85.8% backed, with a reserve gap of roughly 603 BTC.

By Simon Yoon
Published
Mentioned assets
Two metal tokens cross a counter before a sealed vault. / TokenPost.ai
Two metal tokens cross a counter before a sealed vault. / TokenPost.ai

Bitcoin swaps on Liquid have resumed, while direct peg-outs remain frozen.

Reserves are roughly 603 BTC short of full backing.

Outstanding L-BTC is about 85.8% backed.

L-BTC holders remain unable to fully redeem their tokens.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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