diff --git a/docs/references/protocol/transactions/types/ammbid.md b/docs/references/protocol/transactions/types/ammbid.md index 13e35aaee0..d2a5c7b4b1 100644 --- a/docs/references/protocol/transactions/types/ammbid.md +++ b/docs/references/protocol/transactions/types/ammbid.md @@ -11,7 +11,7 @@ labels: _(Added by the [AMM amendment][])_ -Bid on an [Automated Market Maker](../../../../concepts/tokens/decentralized-exchange/automated-market-makers.md)'s (AMM's) auction slot. If you win, you can trade against the AMM at a discounted fee until you are outbid or 24 hours have passed. If you are outbid before 24 hours have passed, you are refunded part of the cost of your bid based on how much time remains. +Bid on an [Automated Market Maker](../../../../concepts/tokens/decentralized-exchange/automated-market-makers.md)'s (AMM's) auction slot. If you win, you can trade against the AMM at a discounted fee until you are outbid or 24 hours have passed. If you are outbid before 24 hours have passed, you are refunded part of the cost of your bid based on how much time remains. If the AMM's trading fee is zero, you can still bid, but the auction slot provides no benefit unless the trading fee changes. You bid using the AMM's LP Tokens; the amount of a winning bid is returned to the AMM, decreasing the outstanding balance of LP Tokens.