Automatic Market Maker: Definition and Function

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An Automated Market Maker (AMM) is a type of software algorithm that is designed to manage liquidity and set pricing for crypto assets on decentralized exchanges. These systems have become increasingly popular in the world of Decentralized Finance (DeFi), and are often used on decentralized exchanges like Uniswap, Balancer, Bancor, and Curve. Rather than relying […]