The liquid federation does provide a constant proof of reserves. This can prevent a slow rug pull but not a fast one. Of course it cannot provide the privacy that a Chaumian mint can provide.
Yes, it has that in common with any custodial service.
There is hope: https://gist.github.com/callebtc/ed5228d1d8cbaade0104db5d1cf63939
The liquid federation does provide a constant proof of reserves. This can prevent a slow rug pull but not a fast one. Of course it cannot provide the privacy that a Chaumian mint can provide.
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