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What are comparisons of Mercury vs Liquid?
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The way I see it is Liquid is pretty much Fedimint in practice. Mercury is a statechain that is non-custodial and hence way better from that PoV.
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Well, I think Liquid has one major benefit over fediments: Auditable supply of tokens.
I assume same would be true of Mercury?
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I have a sneaking suspicion fedimint and co. are local maxima. I really do not get why you would use this instead of something like MercuryLayer? In practice it's close to non-custodial and there risk of getting rugged is way smaller.