xrpl amm amendment | BTCC Knowledge

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XRP +2.10% 1.16

XRP +0.00% 0.001511

XRP +1.15% 0.00006705

When will the XRP Ledger AMM amendment be enabled on mainnet?

The AMM Amendment to the XRP Ledger protocol, which adds Automated Market Maker functionality, is on track to become enabled on Mainnet on 2024-03-22.

What does the xrpl Amendment mean for XRP holders?

The successful passage of the amendment marks a new chapter for XRP holders. They can now actively participate in the XRPL ecosystem by providing liquidity to AMM pools. This development enhances the ledger’s functionality and empowers users to generate passive income through their participation.

What is an automated market maker (AMM) in the XRP Ledger (xrpl)?

In a move that opens up exciting possibilities for the XRP community, a key amendment introducing an automated market maker (AMM) to the XRP Ledger (XRPL) has been successfully passed. This marks a significant milestone for the platform, paving the way for XRP holders to participate as liquidity providers and earn passive income actively.

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