AMMs Bring Passive Income To XRPL
XRP Army was so excited about the release of the update on the XRP Ledger that brought Automatic Market Makers (AMM) to the platform for the first time. AMMs aren't new, of course, they are available on many ledgers including XLM, one of XRP's top competitors. People that have been holding XRP for such a long time, or hold a lot of the token, have been waiting for this for quite a while.
Sadly, as happens more often with technology updates, there was a bug found that knee-capped the excitement. An executive came out and warned people from using AMMs until the bug was resolved - ".. danger of losing all your money."
However, personally, the passive income AMMs bring to XRP holders isn't what I'm most excited about. In the video I talk about why I'm really excited about this update.
Peace & Love,
Adé