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Amm Defi

NEM's march towards the Defi Movement - Glossary Task - crazywriter 2

Automated Market Maker (AMM)

As the name suggests, it is an automatic market maker. Used in decentralized exchanges. It provides automatic execution of transactions by creating liquidity pools and eliminates the limit-order system. Say goodbye to order books and embrace smart contracts.

Author: crazywriter
Published on: 26/10/2020 13:37 (edited on: 01/11/2020 02:59)

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