Cryptocurrency Q&A
What are amm coins?
What are amm coins?
BlockchainBaronessGuard
Wed Nov 20 2024
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6 answers
1028
I've recently encountered the term 'amm coins' and I'm wondering what they are. Are they a form of cryptocurrency or token? What makes them unique and how are they used? I'd like to understand the basics and the purpose of amm coins.
6 answers
EnchantedDreams
Fri Nov 22 2024
An Automated market Maker (AMM) represents a unique approach to crypto trading.
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SamsungShineBrightnessRadianceGlitter
Fri Nov 22 2024
It operates in an autonomous manner, requiring minimal human intervention.
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Daniele
Fri Nov 22 2024
The primary goal of an AMM is to encourage cryptocurrency users to participate as liquidity providers (LPs).
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InfinityEcho
Thu Nov 21 2024
By acting as LPs, these users help to ensure the smooth functioning of the market.
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Raffaele
Thu Nov 21 2024
In exchange for their contributions, LPs are rewarded with a portion of the transaction fees generated by the AMM.
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