SideSwap has reported processing approximately 600 L-BTC redemptions and paying out more than 60 BTC after reopening its swap functionality. The platform is now using its own Bitcoin wallet to handle the redemption process.
Despite the resumed swaps, Liquid federation reserves continue to cover about 85.8% of outstanding L-BTC on the network.
SideSwap Processes ~600 L-BTC Redemptions, Pays Out Over 60 BTC After Reopening Swaps
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