Liquid Reserve’s funding shortfall has narrowed to 600 BTC after a test transfer, according to the latest update cited by The Defiant. Samson Mow said the remaining funds are expected to arrive in the coming days, pointing to continued progress in the reserve recovery process. The update indicates that the gap has not yet been fully closed, but the outstanding amount is now limited to 600 BTC.
The report also said the federation’s recovery plan sets a clear condition before direct peg-outs can restart. Full backing must be restored first. Until that requirement is met, direct peg-outs will not resume under the plan described in the update. The latest transfer was presented as a test, while the remaining balance is still pending.
Liquid Reserve’s gap has narrowed to 600 BTC after a test transfer.
Samson Mow said the remaining funds will arrive in the coming days.
Under the federation’s recovery plan, direct peg-outs will resume only after full backing is restored.
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