According to Cointelegraph, Ripple Chief Technology Officer David Schwartz initiated a community discussion and suggested that XRP Ledger (XRPL) validators support the automatic market maker (AMM) function, but only if a consensus is reached within the community. The AMM feature was introduced with the release of Ripple version 1.12.0, which also brings potential Clawback functionality; the introduction of AMM is not limited to the introduction of a new trading engine, it will also achieve integration with XRPL DEX.
In the initial post, Schwartz called AMMs a compelling DeFi innovation, raising questions about more details. Elaborating further on the importance of majority voting, Schwartz emphasized that to his knowledge no validators currently support the vote. Recently, he tried to clear up community misunderstandings about the Clawback feature, which is often seen as an intrusion for XRPL users. He clarified that the purpose of the Clawback feature is to protect developers from potential legal liability within the ecosystem.
In response to a community member’s question about the timeline for the AMM to go live on XRPL following the governance vote, Schwartz stated that if a majority supports the amendment, it could be implemented within two weeks.
In the initial post, Schwartz called AMMs a compelling DeFi innovation, raising questions about more details. Elaborating further on the importance of majority voting, Schwartz emphasized that to his knowledge no validators currently support the vote. Recently, he tried to clear up community misunderstandings about the Clawback feature, which is often seen as an intrusion for XRPL users. He clarified that the purpose of the Clawback feature is to protect developers from potential legal liability within the ecosystem.
In response to a community member’s question about the timeline for the AMM to go live on XRPL following the governance vote, Schwartz stated that if a majority supports the amendment, it could be implemented within two weeks.