According to U.Today, the newly launched automated market maker (AMM) engine on the XRP Ledger (XRPL) has released a major new update called "fixAMMOverflowOffer". The update went live on the mainnet after a stress test voting period, reaching 100% consensus. The update is designed to fix the improper handling of large synthetic AMM offers in the payment engine. The XRP Ledger itself is developing at a very fast pace, and this trend has necessitated the launch of related engines to help it match other competing first-layer blockchain networks. However, the launch of the AMM was followed by a major technical failure, which triggered a backlash within the ecosystem. This failure has now necessitated a series of updates to the AMM. With this update, the growing AMM pool on the XRP Ledger can better manage large swap requests from decentralized exchanges (DEXes) hosted on the XRPL. In addition, Ripple developers are doing their best to allow validators and other key stakeholders to have a good experience on the platform.
XRP: It's time to move after so long
