XRP Ledger Gears Up for AMM Launch, Anticipation Builds in Crypto Community
The XRP Ledger (XRPL) is on the cusp of a major development with the activation of its Automated Market Maker (AMM) feature on March 21st, 2024. This move is expected to bring significant changes to the XRP ecosystem, potentially boosting its adoption and price.
Increased Liquidity and Trading
AMMs facilitate decentralized trading by creating liquidity pools where users can swap assets. This is expected to increase liquidity for XRP and other assets on the XRPL, attracting more traders and improving overall market efficiency.
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https://twitter.com/DPGmaximus/status/1770675229637148795
Passive Income Opportunities: Liquidity providers who deposit assets into these pools earn rewards from trading fees. This i...