When Uniswap launched in 2018, it became the first decentralized platform to successfully utilize an automated market maker (AMM) system. An automated market maker (AMM) is the underlying protocol that powers all decentralized exchanges (DEXs); DEXs help users exchange cryptocurrencies by connecting users directly, without an intermediary.
BETTER THAN YESTERDAY WITH BSCSTATION #5: AMMs
BETTER THAN YESTERDAY WITH BSCSTATION #5…
BETTER THAN YESTERDAY WITH BSCSTATION #5: AMMs
When Uniswap launched in 2018, it became the first decentralized platform to successfully utilize an automated market maker (AMM) system. An automated market maker (AMM) is the underlying protocol that powers all decentralized exchanges (DEXs); DEXs help users exchange cryptocurrencies by connecting users directly, without an intermediary.