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Merge pull request #2456 from XRPLF/quickfixes-03111

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Amarantha Kulkarni
2024-03-14 17:21:12 -07:00
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parent 788a89a0b2 deb147c0c5
commit 0fa75cab57
6 changed files with 9 additions and 7 deletions
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docs/concepts/tokens/decentralized-exchange/automated-market-makers.md
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# What Is an Automated Market Maker (AMM)?
_(Requires the [AMM amendment][] {% not-enabled /%})_
_(Requires the XLS-30 [AMM amendment][] {% not-enabled /%})_
Automated Market Makers (AMMs) are smart contracts that provide liquidity in the XRP Ledger's decentralized exchange. Each AMM holds a pool of two assets and enables users to swap between them at an exchange rate set by a formula.