Ripple Releases Exciting Statement on XRP Ledger AMM

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The flaw impacts how the DEX payment engine transfers liquidity through AMM pools and order books in some complex payment path scenarios that did not perform as planned. A fix has been developed and is now being reviewed, tested and is ready for release as soon as possible. The fix necessitates an amendment to the XRP Ledger protocol, which must be voted on by network validators and maintain over 80% support for the standard two-week period before activation.

Until the fix is implemented on the network, users should redeem LP tokens rather than deposit new funds into AMM pools.has featured a Central Limit Order Book Decentralized Exchange . However, many other blockchains have predominantly shifted toward facilitating currency exchanges via Automated Market Makers , typically employing a"constant product" algorithm.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst.

Source: News Formal (newsformal.com)

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