BTC<>LBTC swaps were re-enabled last week as part of Liquid’s staged recovery. Users can once again swap between BTC on Bitcoin and LBTC on Liquid at 1:1 through participating providers, including Aqua, BullBitcoin (nprofile…36mg) and SideSwap. These providers collectively accounted for 99% of peg-out volume prior to the incident.
Normal Federation peg-out operations remain subject to enhanced operational controls while security hardening continues and the independent security audit nears completion.
The community can track progress toward restoring full 1:1 BTC backing for LBTC through Liquid’s auditable Proof of Reserves at liquid.network.
