Adrian JohnsonVotes are being cast to implement an automated market maker (AMM) protocol on the XRP Ledger (XRPL) decentralized exchange. In response to concerns raised by the XRP community, Ripple CTO David Schwartz has provided clarification on the process. The AMM amendment aims to introduce algorithmic pricing and liquidity pools secured by smart contracts to enable peer-to-peer token trading. With 28 out of 35 votes secured and a 60% consensus, the AMM amendment has the potential to bring significant changes to the XRPL ecosystem.
Ripple CTO unveils game-changing moment for XRP Ledger’s future.
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