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Liquid Restores Full Bitcoin Reserve Backing, Per The Defiant Report
According to a report from The Defiant, the Liquid network has reached full reserve backing, a condition tied to restarting direct federation withdrawals.
Reserve condition for withdrawals
The Defiant reports that full reserves now satisfy one prerequisite for resuming direct withdrawals through Liquid's federation.
Those direct federation withdrawals were last reported as operating under enhanced operational controls, so the restored reserve position is the step the report links to any change in that arrangement.
Open questions
- When will direct federation withdrawals on Liquid resume?