Ripple CTO David Schwartz Debuts Trading Bot Based on XRPL AMM

Ripple CTO David Schwartz Debuts Trading Bot Based on XRPL AMM

David Schwartz, the Chief Technology Officer at Ripple, has unveiled a fresh AI-powered trading bot. This advanced concept adheres to an algorithm from XRP Ledger AMM and is designed to have the same functionality. The primary design feature of this bot is its capability to act effectively and reliably on centralized exchange markets. Schwartz performed preliminary testing there, primarily focusing on Solana trading.
The initial phase of the application’s development left David Schwartz with a solid conclusion that “it’s really rough now.” In this regard, he opined that the GitLab link was needed since this would enable the public to review the code. This gesture suggests a future where the community could contribute to refining the bot’s capabilities.
David Schwartz Tests Trading Bot for Solana
As for profitability, Schwartz does not distort himself by foreseeing either profit or loss. He gives an estimated yield value of 11% per year of funds from trading bot. Schwartz poin

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