- XRPL developer team said it had fixed an issue it noted on the blockchain’s AMM.
- The issue arises when the trading fee is set to less than 0.01%, resulting in a delay.
- The team clarified that the AMM should work as expected with the fix, and the ledgers should remain stable.
In a series of tweets on the social media platform X (formerly Twitter), RippleX developers stated that they had identified and solved a transaction issue with the XRP Ledger’s proposed Automated Market Maker (AMM).
The developer team explained that it identified an issue that could prevent multiple AMM transactions from executing in the same ledger. “The issue arises in the edge case where the trading fee is set to less than 0.01%; certain AMM transactions must wait for one ledger (3-5 seconds) before they can execute,” the team explained.
However, the developers clarified that the issue doesn’t occur when the trading fee is greater than or equal to 0.01%. Furthermore, the team stated that the issue causes a delay in finality as transactions have to wait for a ledger to close before they can succeed.
Explaining the fix, the team said, “The proposed fix provides a way for an inner object to correctly identify default fields and is implemented in both the core ledger and AMM code.” In a subsequent tweet, the developers stated that the fix ensures all AMM behavior remains correct and ledgers are stable. “The fix can eliminate edge cases and ensure the AMM always performs as expected,” the team concluded.
The recent update follows a commitment yesterday from XRPL developers to support an AMM implementation on the blockchain. As previously reported, prominent XRP validators and developers expressed confidence in the proposed AMM amendment on the XRP Ledger.
It bears mentioning that an AMM is a significant protocol as it powers some types of decentralized exchange (DEX) on blockchains. XRP Army expectations are that the AMM amendment will expand growth on the blockchain and spur new projects.
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Source: https://coinedition.com/xrpl-developer-team-updates-community-on-important-amm-fix/