Liquid Network Governance
Liquid is governed by its federation of members, which are geographically and geopolitically dispersed around the world. Liquid users are always able to self-verify activity on the network via Liquid full nodes.

Liquid Federation Structure

Functionaries

Functionaries run specialised HSM hardware to confirm transactions and secure the network’s Bitcoin funds.

Members

In addition to the ability to peg-out Liquid Bitcoin, Liquid members vote on board elections and network updates.

Full Nodes

Liquid full nodes ensure functionaries are behaving correctly by verifying transactions and peg-ins.

Liquid Federation Boards

Liquid governance is maintained by three boards responsible for membership, oversight, and technology. Each board consists of five federation members that are voted on annually by the federation.

Membership Board

Develops criteria and provides recommendations for membership inclusion or removal.
Kyle Fry
DIGTL
Andrew Howard
JAN3
Scott Millar
SideSwap
Simona Macellari
SEVENLABS
Shauna Collister
MAVEN NFT

Oversight Board

Recommends internal rules for membership structure and management, and oversees the network’s status.
J. Maurice
WIZ
Alessandro Olivo
BCADEMY
Claudio Levrini
EQUITAS FOUNDATION
Leor Tasman
PRYCTO
Sathvik Vishwanath
UNOCOIN

Technology Board

Works with Blockstream to develop a technical roadmap based on the needs of Liquid Network members.
Samson Mow
JAN3
Marco Argentieri
VULPEM VENTURES
James Regan
DIGTL
Aleksandar Svetski
Laier Two Labs