Ripple (XRP) Pushes Massive Upgrade for Mainnet Community Voting, What's Next?

A very important update for Ripple's network has been pushed for community voting. What's next?

Ripple Pushes Massive Upgrade for Mainnet Community Voting, What’s Next?A very important update for Ripple’s network has been pushed for community voting. What’s next?

Ripple’s team has revealed the 2022 proposed Automated Market Maker ledger amendment XLS-30 is now available for community voting on the mainnet., XLS-30 is a technical specification designed for the creation of a native automated market maker protocol, seamlessly integrated with the orderbook-based decentralized exchange on the XRP Ledger.

The announcement comes just a few days after the Ripple development team notified the public about the introduction of several updates on the XRPL awaiting community approval.to design user interfaces for traders and liquidity providers using predefined functions. Additionally, XLS-30d introduces an innovative auction mechanism that incentivizes arbitrageurs, thereby minimizing the impact of impermanent loss on LPs.

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