What Is An Automated Market Maker (AMM)? How Do They Work?

automated market maker

As the need for decentralized finance features continues to increase, people are craving for decentralized exchanges (DEX) to swap their tokens without worrying about the interference of a centralized authority. When DEX was conceptualized, people worried that they would lack liquidity, and there would be issues in swapping tokens, as well as a higher risk … Read more