dYdX Chain Unveils Incoming LP Vaults and AMM Engine

dYdX Chain Unveils Incoming LP Vaults and AMM Engine

Top Decentralized Finance (DeFi) protocol dYdX has hinted at plans to release Liquidity Provider (LP) vaults and an Automated Market Marker (AMM) engine. 
dYdX Launches LP Vaults in 2 Phases
The protocol is considering introducing LP vaults to help enhance liquidity for all markets on protocols that utilize the dYdX Chain software. 
Beyond its general usefulness, these LP vaults will be crucial for newer markets that are most likely to have limited liquidity. Based on dYdX’s plan, the deployment of the LP vaults would be on the dYdX Chain open-source software.
Noteworthy, the LP vaults will be deployed in two phases. The first phases will only support deposits seeing that it would include an experimental version of LP vaults that is deployed at a protocol level. This would have no accompanying front end. As an experimental phase, dYdX Trading advises that any deposits into the given LP vaults be limited in volume and should be to protocol community funds.
Moving forward, the next p

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We współpracy z: https://coingape.com/dydx-chain-unveils-incoming-lp-vaults-and-amm-engine/

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