Cryptocurrency Q&A What is the AMM used for?

What is the AMM used for?

Tommaso Tommaso Tue Sep 10 2024 | 6 answers 1406
I'm curious to know, could you please explain the purpose of AMM in the context of cryptocurrency? Specifically, how does it function and what are the primary benefits it offers to users and the market as a whole? I've heard about its role in decentralized exchanges but I'm looking for a comprehensive understanding of its significance and applications. What is the AMM used for?

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