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

opML (Optimistic Machine Learning)

opML (Optimistic Machine Learning) employs an optimistic verification mechanism and is able to handle large-scale machine learning models with billions of parameters efficiently, using fraud proofs that verify the ML computation.

Unspent Transaction Output

(abbv. "UTXO") Coins that are unspent in the wallet. UTXO virtually represents the cryptocurrency one own in the wallet.

ROI

Short for “Return on Investment”, the ratio between the net profit and cost of investing.

Faucet

A faucet usually represents a site or app where a user can navigate to for small rewards repeated over time.

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