What Is an Automated Market Maker AMM?

The market maker prices each bet so that he is indifferent between a trader declining and accepting it. AMMs determine token prices based on pre-defined mathematical formulas. The capital used to fund these token funds is provided https://www.ibericahost.net/how-to-open-rar-files-on-iphone/ by users on a decentralized exchange. In exchange, they receive a percentage of the commission fees earned […]