Service What is Automated Market Maker?

zaarahary

Junior Member
Joined
Dec 14, 2019
Posts/Comments
84
Received Likes
0
Location
India
ETX
0
An Automated Market Maker is a decentralized exchange protocol that doesn't need an order book but relies on the mathematical formula to set the price for the assets. The price of the assets is fixed according to the pricing algorithms. This pricing formula can vary according to the DEX protocols. As PancakeSwap works on the AMM model, which means the users can trade their digital assets on the platform at any time even if their order book isn't matched with anyone else.

There are many Food-Theme-based DeFi Exchanges such as PancakeSwap, BakerySwap which works on the basis of Automated Market Making Mechanism which eliminates the need for order book.

Start your own DeFi Exchange like PancakeSwap with the help of PancakeSwap Clone Script!

For free demo :

Whatsapp : +91 9677555651
Mail : sales@bitdeal.net