Technology1 source
Liquid Reserve Gap Falls to 250 BTC After 300 BTC Top-Up
Headline from The Defiant
Key points
- The reserve deficit for Liquid Network's L-BTC asset has fallen to 250 BTC following a fresh 300 BTC top-up.
- This injection raised the estimated collateral backing to 94.14%.
- However, the managing federation's official recovery plan mandates that reserves must reach full backing before direct peg-out functionality can be officially resumed for users on the platform.
Summarized automatically by Kryptokite from reporting by The Defiant. Read the original sources for full detail.
Coins mentioned
Sources
- The DefiantLiquid Reserve Gap Falls to 250 BTC After 300 BTC Top-Up · 1 hour agoRead on The Defiant
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