LISA
  • What is LISA?
    • LISA
  • Supported Tokens
    • Stacks ($STX)
      • How LiSTX Architecture Works?
        • Mint Factory
        • LISA Vault
        • Strategies
    • Bitcoin ($BTC)
      • How LiaBTC Earns Bitcoin Yield?
      • What is LiaBTC backed by?
      • How LiaBTC utilizes Cobo?
      • How would ALEX V2 Upgrade Affects LiaBTC?
    • ALEX ($ALEX)
  • Features (How To's)
    • Staking / Stacking
    • Unstaking / Unstacking
    • LISA Point System
    • Wrapping / Unwrapping
    • My Rewards / Overviews
    • Review to Earn
    • Send LISA Tokens
    • Checking your Balance
  • Rebasing Mechanism 101
    • Rebasing vs Reward-Bearing Mechanism
    • Depositing / Withdrawing from LISA
  • LISA FAQs
    • How are Rewards Paid Out?
    • How do I calculate my earnings?
    • Do I Earn Rewards if I withdraw before a Cycle Ends?
    • How is APR determined?
    • How can I check my past transactions on LISA?
    • How can I check the accurate LiSTX amount I’ve swapped via AMM?
    • Can I bridge out my LISA Tokens to other networks?
    • How to Participate in LISA Merkl Campaign?
  • LISA Point System
    • Point Reward Scores
    • Points to Loot Box Conversion
    • Entry / Exit Cycle Cooldown FAQs
  • Governance
    • LISA DAO
      • LISA DAO Improvements
    • Stacking Strategies
  • Is LISA Safe?
    • Security Audits
    • External Analytics
    • Deployed Contracts
  • Ecosystem Partners
    • ALEX
    • Ryder
    • Fast Pool by Ryder
    • Xverse
    • XLink
    • Cobo
  • Developers
    • List with LISA!
    • LISA Supported Network
    • LISA Media Kits
    • Contracts
      • liabtc-mint-endpoint
      • liabtc-mint-registry
      • token-liabtc
      • token-vliabtc
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  1. Supported Tokens
  2. Bitcoin ($BTC)

What is LiaBTC backed by?

The underlying BTC backing aBTC is securely staked at Babylon, with COBO ensuring the finality of transactions, offering both security and irreversibility.

When users stake aBTC through LISA, they receive LiaBTC at a 1:1 ratio, directly reflecting their staked aBTC.

LISA then works with XLink, the designated staking manager, to handle the staking of the Bitcoin that underpins those aBTC holdings.

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Last updated 5 months ago