The details of the AMM amendment were told

The tweet was told about the details of the AMM amendment.

A tweet recently revealed the details of the AMM Amendment. Was noted:

1) #XLS30d: Automated Market Maker (AMM) on #XRPL has been proposed as a PR on rippled’s codebase AMM will become the primary trading method, enable #passiveincome, allow #RippleNet to hold supremacy over other L1s This is bigger than you may realize. This amendment should…
2) create an environment that will promote #RippleNet dominance, check this out When there is pooled liquidity built into the system we won’t need buyers to be waiting for sellers which makes ODL txns more seamless/efficient. Along with that
3) there are custom/unique features built into this amendment that have never been seen before in #Crypto. Check this out. Every DeX AMM & Overbook can be connected to & utilized as if they were 1. Example, operations may be executed better on a different #XRPL DeX, in this event
4) the execution will be routed to the path of least resistant that will offer the user the best price. But wait, there’s more. Impermeant loss & arbitrage is one of the biggest issues with liquidity pools. #XLS30d fixes this by auctioning off…
5) the rights to the first move advantage to arbitrage; it’s like passing out VIP passes to the front of the lines at Disney Land. Why is this important? When you have high levels of arbitrage it effects the levels of impermeant loss. But it keeps getting better. These rights..
6) to the VIP passes come at a cost to the arbitrager, the arbitrager has to pay a fee to get the this opportunity. These fees are transferred to the liquidity pool participants. This effects a couple things besides impermanent loss. This function keeps cost low to the…
7) users, this would include ODL txns. So now we have settlement speeds from preloaded pools that may retire orderbook ODL txns, deep liquidity pools that w/ negligible slippage & incentives to participate that will boost our rewards in a way that is unique to #crypto. The..
8) bigger the liquidity pools get, the harder they’ll be to compete with; there will be less slippage on large/small txns. All this makes choosing #RippleNet more appealing to FI/Gov/Banks. When you combined the power of RippleNet w/ the XRPL you get a frictionless environment..
9) On a level playing field the #XRPL wins.