[Liquid Network Enters Final Recovery Phase, Gradually Resuming BTC and LBTC Exchange] Liquid Network has issued an announcement stating that the network recovery has entered its final phase, focusing on strengthening security mechanisms, conducting independent audits, and gradually restoring the redemption functionality for pegged assets. The network will progressively open semi-automated BTC and LBTC exchange services, coordinated with exchange service providers. In the next phase, Liquid Network will restore the network's 1:1 Bitcoin reserve support, followed by gradually reopening Federation redemption functionality to authorized PAK key holders. Full recovery will depend on the completion of remaining security checks and operational requirements.