Coinspeaker
Zeitgeist Floats DLMSR-Based AMM to Boost Prediction Markets
Zeitgeist, a leading protocol in the decentralized prediction market space, has announced the launch of its Dynamic Logarithmic Market Scoring Rule (DLMSR) based Automated Market Maker (AMM). This cutting-edge development represents a leap forward in the blockchain prediction market sector, introducing a dynamic liquidity model that promises to redefine operational dynamics within the industry.
The Zeitgeist DLMSR Model: A Paradigm Shift in Blockchain Technology
According to a press release shared with Coinspeaker, the DLMSR model introduced by Zeitgeist stands as a first-of-its-kind application in the ecosystem of blockchain technology. Unlike traditional AMMs, the DLMSR model enhances market creation and liquidity provision, minimizing slippage and thereby revolutionizing trading efficiency, particularly in larger trades. This pioneering approach is poised to reshape the landscape of prediction markets on blockc
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