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Unlimited Liquid withdrawals?

Question: How come the L-BTC in circulation 4,234.76 LBTC & BTC Holdings 3,632.23 BTC Still haven’t changed a single sats since the hackers returned the 3400 BTC Even after nostr:npub1ajlrwgfj4yerhqf7ady03h7wmtk2qr3gs7h3sxcx83k05yld36sswpzx3q allowed the Indra Swaps to Lightning from Liquid. A...

Don't forget to buy a ColdCard too.

Using Liquid at this point in time is complete madness and stupidity. It was before that hack as well but now it all known and clear.

https://media.tenor.com/IYEMM3PbvzcAAAAM/tsav1.gif

Are L-BTC pegged 1:1 with BTC?

😂😂😂

No, thanks!

I am unable to swap my liquid to on chain, keeps saying swap fees not loaded. Any idea how to fix that?

Worth knowing what the peg actually is before swapping: every L-BTC is backed by an equal amount of BTC held by the Liquid Federation in a federated multisig, run by 15 functionaries with an 11 of 15 quorum. Faster and more predictable than on-chain, but you are trusting that known group, not Bitcoi...