Join Nostr
2026-10-19 23:15:45 UTC
in reply to

lcn_8888 on Nostr: Liquid Federation has other financial assets and equity, so a peg-out is possible for ...

Liquid Federation has other financial assets and equity, so a peg-out is possible for those assets. In retrospect, I think it's a bad idea to make BTC an LBTC with a federated multisig to secure the treasury. I'm increasingly in favour of the Bisq risk scheme to manage the BTC and native chain assets. Maybe they need to rethink this as well, or release a multibach whitelisted, timelocked peg-out BTC.

Peg-in is enabled because, trust me, bro...

I could explain in more detail why LBTC is a bad asset in general, even though it sounds good on paper.