XRP price prediction as XRPLedger unveils new major features

The 1.12.0 version of #XRPL brought a string of new features and bug fixes. Most notably, the upgrade revealed three new amendments, including automated market making (AMM), Clawback, and fixReducedOffersV1. 

The three new capabilities are currently open for voting through $XRP Ledger’s amendment process, which enables protocol changes after two weeks of over 80% validator support. 

Out of those, the amendment that attracted the most attention is the AMM protocol. Launched on XRPL’s decentralized exchange (#DEX ), AMM allows users to trade assets without a counterparty. 

Instead of having to trade directly with other users, the AMM uses algorithmic “money robots” to make it easier for individual #investors to buy and sell cryptocurrencies. 

Secondly, the clawback amendment introduces the “Allow Clawback” option, which lets users recover, or as its name says, ‘claw back’ tokens they issued earlier. 

Finally, the fixReducedOffersV1 amendment is set to cut the occurrence of order books prevented by reduced offers.