Record answers on LIQ fungibility and proxy withdrawals

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2026-11-06 14:52:30 -05:00
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## Backing and external redemption ## Backing and external redemption
- Are special-minted tokens fully fungible with ordinary LiqETH/LiqSOL, including redemption and reward rights? - Are special-minted tokens fully fungible with ordinary LiqETH/LiqSOL, including redemption and reward rights? Yes
- How does Liq recognize AMM-controlled assets as backing without double counting assets and token claims? - How does Liq recognize AMM-controlled assets as backing without double counting assets and token claims? it doesn't change, only a new mint function will be added to Liq and only this contract will be able to call it. Withdrawl will be put behind a proxy
- When a trader takes LIQ out of the AMM and redeems through Liq, who supplies the native asset and how does the AMM liability change? - When a trader takes LIQ out of the AMM and redeems through Liq, who supplies the native asset and how does the AMM liability change? see latest diagram
- Can Liq draw backing directly from the AMM, or does redemption create a payable? How does either route affect reserves and the AMM curve? - Can Liq draw backing directly from the AMM, or does redemption create a payable? How does either route affect reserves and the AMM curve?
- How are settled claims prevented from being paid or cancelled twice? - How are settled claims prevented from being paid or cancelled twice?