NEM's march towards the Defi Movement - Glossary task

AMM: Auto Market Maker

AMM is currently considered the most successful product at Defi. As an acronym for Automated Market Maker, an algorithm that mimics what smart market makers do and builds, absorbs more data & combines with more sophisticated algorithms and instantly becomes a decentralized agent and makes the market as effective as humans do today.

Author : tel.me/DanniGeer
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