The XRP Ledger's automated market maker (AMM) amendment has reached 80% validator consensus, triggering the activation window. The feature is not yet live; it requires sustained support during the window. Once active, the native AMM will add a direct DeFi layer to XRPL, though it may differ from other chains in architecture and fee models.
The XRP Ledger's automated market maker (AMM) amendment has hit 80% validator consensus, officially opening the activation window for the network's native AMM functionality. Big step for the upgrade. But the feature does not switch on right away. It still has to keep enough backing during the activation window before final activation happens.
The native AMM is meant to bring a more direct DeFi layer to the XRPL network, letting users and developers build trading, liquidity, and payment products on the ledger without leaning so much on outside infrastructure. But the AMM on XRPL may not look like those on other chains when it comes to architecture, fee models, and liquidity assumptions. (Source: Bitcoinist)
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