Automated Market Makers are becoming increasingly popular in the world of DeFi.
17 Nov 2022, 16:00
Automated Market Makers are becoming increasingly popular in the world of DeFi 🚀
AMMs have replaced and substituted traditional order book mechanisms and leverage the power of liquidity pools instead 💸
The liquidity in such pools is provided by the users, who earn passive income from transaction fees for providing liquidity 💹
The concept of #AMM has completely shifted and altered the way in which decentralized exchanges operate.