Liquid Federation: Bitcoin Reserve Fully Restored; LBTC Backed 1:1
Original headlineLiquid 联邦：比特币储备已完全恢复，LBTC 获 1:1 支持
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The Liquid Federation announced on November 3 that the Liquid Network's bitcoin reserves have been fully restored, with all LBTC tokens once again backed 1:1 by BTC. Redemptions between BTC and LBTC had resumed several weeks earlier, allowing users to move assets 1:1 between the Bitcoin mainnet and Liquid through participating exchange service providers. The recovery followed a prior reserve shortfall, which had narrowed to roughly 250 BTC after the federation wallet received 300 BTC. Users can verify the federation's proof of reserves by running a Liquid node or monitor reserve balances and network activity via a public dashboard. The full restoration of backing addresses a key trust concern for the sidechain's pegged asset, and watchers should monitor ongoing reserve attestations and redemption flows through the federation's public dashboard.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
Liquid Network, LBTC, Bitcoin (BTC)
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