{"id":8081,"date":"2022-09-26T19:36:14","date_gmt":"2022-09-26T19:36:14","guid":{"rendered":"https:\/\/mdr.foobrdigital.com\/?p=8081"},"modified":"2022-09-26T19:36:14","modified_gmt":"2022-09-26T19:36:14","slug":"amm-automated-market-makers-and-how-they-work","status":"publish","type":"post","link":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/2022\/09\/26\/amm-automated-market-makers-and-how-they-work\/","title":{"rendered":"AMM : Automated Market Makers and How They Work"},"content":{"rendered":"\n<p>An automated market maker, otherwise known as an AMM, is a means of offering cryptocurrency trading without the need for an intermediary. AMMs combine Smart Contracts and incentives for liquidity provision to automate cryptocurrency trading and disrupt the traditional centralised exchange model, replacing it with the DEX.<\/p>\n\n\n\n<p>A DEX is an abbreviation for Decentralised Exchange. It is a Peer-to-Peer online marketplace for buying and selling cryptocurrency that functions without a central authority and without taking custody of users\u2019 funds.&nbsp;<\/p>\n\n\n\n<p>Decentralised Exchanges instead rely on AMMs running on blockchains like Ethereum to set the prices of asset pairs and maintain sufficient liquidity.<\/p>\n\n\n\n<p>DEX\u2019s are a core component of DEFI &#8211; decentralised finance &#8211;\u00a0generating 24hr trading volume in excess of $2bn,\u00a0according to Coingecko.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An automated market maker, otherwise known as an AMM, is a means of offering cryptocurrency trading without the need for an intermediary. AMMs combine Smart Contracts and incentives for liquidity provision to automate cryptocurrency trading and disrupt the traditional centralised exchange model, replacing it with the DEX. A DEX is an abbreviation for Decentralised Exchange. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[257],"tags":[],"_links":{"self":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/8081"}],"collection":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/comments?post=8081"}],"version-history":[{"count":0,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/8081\/revisions"}],"wp:attachment":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/media?parent=8081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/categories?post=8081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/tags?post=8081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}