Cryptocurrency Q&A
What is amm XRP?
What is amm XRP?
EnchantedSeeker
Thu Nov 21 2024
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7 answers
1762
I recently encountered a term called 'amm XRP' and I'm curious to learn more about it. Could someone explain what 'amm XRP' is and provide some background information on this topic?
7 answers
Dario
Sat Nov 23 2024
Traders can swap between these two assets using the exchange rate set by a predefined formula.
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Valentina
Sat Nov 23 2024
This formula is designed to be fair and transparent, providing an accurate representation of the assets' relative values.
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DaeguDivaDanceQueen
Sat Nov 23 2024
Automated market Makers (AMMs) play a crucial role in the XRP Ledger's decentralized exchange.
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JejuSunrise
Sat Nov 23 2024
They offer liquidity to the exchange, ensuring that traders can buy and sell assets seamlessly.
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SamuraiHonor
Sat Nov 23 2024
Liquidity providers are individuals or entities that deposit assets into an AMM.
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