Get real, active and permanent YouTube subscribers
Get Free YouTube Subscribers, Views and Likes

the real reason I'm excited about XRPL AMMs [ not the passive income]

Follow
ade

Free crypto tax software that I use: https://koinly.io/?via=D6373842&utm_s...
Protect your crypto behind an LLC for only $39 here: https://www.shareasale.com/u.cfm?d=92...
The above are affiliate links, see below for more info.

The XRPL AMM upgrade, though encountering a temporary setback, represents a significant step for the XRPL ecosystem. Here's how it expands DeFi and attracts institutional money:

Automated Liquidity: AMMs remove the need for designated market makers, allowing anyone to contribute to liquidity pools. This fosters a more decentralized and efficient trading environment.
Wider Investment Opportunities: DeFi applications built on AMMs offer users various investment options beyond just holding XRP. They can become liquidity providers (LPs) and earn rewards from trading fees.
Potential for Institutional Investors: AMMs create a more structured DeFi environment that could be attractive to institutions. The predictability of fees and transparent price discovery could entice them to participate in liquidity pools.
However, it's important to note the recent bug discovery that caused delays in processing some AMM pool transactions. While a fix is being developed, it highlights the need for thorough testing before future deployments.

#XRPLAMM,#XRPLBug,#RippleAMM,#XRPLDeFi,#CryptoBug,#BlockchainBug,#XRPNews,#RippleNet,#AMMGlitch,#CanaryNetwork,#SECXRP,#RippleLawsuit,#XRPlawsuit,#HodlXRP,#CryptoLaw,#FinancialRegulation,#BlockchainRegulation,#SECvsRipple,#JudgeTorres
#XRPCommunity #XRPArmy #XRPL
XRP News Today | XRP update | XRP Price prediction
____________
Not financial advice, do your own research
____________
The above are affiliate links which means I may get commission if you make a purchase.

posted by qi132tk