XRP Ledger (XRPL) to Get Major AMM Update in 14 Days

New XRP Ledger (XRPL) AMM amendment enters activation countdown phase

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While listed for voting, the feature’s default vote in the source code was set to YES, the importance of the fix is high. The validators backed this amendment and secured 30 positive votes out of a possible 35, a figure that pegs the current consensus at 85.17%, a boost from the required consensus of 80%.

The voting pattern from network validators gives more insight into the major players who supported this amendment. While firms like Ripple Labs Inc voted Yes to the proposal, trading platform Bitso joined four other validators to vote Nay.XRP Ledger has a very ambitious mission, which is to match up with other known layer-1 protocols in the blockchain ecosystem.To achieve its aim, debuting innovative protocols like the AMM marks one of its major strategies.

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