Virtual AMM (vAMM)
By CoinGecko | Updated on Aug 13, 2021
An automated market maker (AMM) is a system that uses automated trading to offer liquidity to the exchange in which it operates. As the “virtual” part of the name implies, the vAMM functions similarly like an AMM but does not contain an actual asset pool. The real asset is instead stored in a smart contract vault that keeps track of all of the vAMM's collateral.
Related Terms
Total Supply
All the tokens and coins that will exist in a cryptocurrency network.
Liquid Proof of Stake (LPoS)
A proof of stake consensus mechanism by Tezos that slightly differs from Delegated Proof of Stake.
Cold Storage
Offline storage of cryptocurrencies which is arguably safer as they also require physical access (eg. hardware wallet, paper wallets)
YTD
Acronym for Year-to-date
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