Ripple Puts UniSwap-AMM Into Consideration In Quest To Bring Better And Faster DeFi potential To XRPL
It is good to note that XLS30d is listed in the XRPLF.ORG GitHub as a proposal that is presently under consideration. Although is not currently an amendment offer being voted on.
https://twitter.com/WKahneman/status/1543726964397129729
The whole idea is that the XRPL AMM makes arbitrage faster, with reduced risk, while increasing profits for liquidity providers all while increasing liquidity in the system overall.
What Are AMMs
It is called automated market markers, they are part of the DeFi ecosystem which allows digital assets to be traded in a permissionless and automatic way by using liquidity pools rather than a traditional market of buyers and sellers.
Raed Also: Columbia Developers In Conjunction With Ripple Introduces The First Land Registry On The XRP Ledger.
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