BitMart launches an AMM Bot market-making mechanism, allowing users to share transaction fee revenue.

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According to official Odaily, BitMart has launched a new automated market-making tool, AMM Bot, introducing automated liquidity solutions for select spot trading pairs. Based on a constant product market-making algorithm, this feature automatically places buy and sell orders across multiple price ranges through independent liquidity pools, maintaining stable trading depth for trading pairs even without manual order placement. Users simply need to deposit two assets into the liquidity pool simultaneously to participate in market making and become liquidity providers.

In terms of returns, AMM Bots offer users the opportunity to continuously earn trading fee dividends. Fees generated by relevant trading pairs are distributed to liquidity providers based on their liquidity contribution, allowing users participating in market making to share in the profits generated by market activity. Furthermore, AMM Bots support flexible increases and decreases in liquidity, providing users with a more efficient way to utilize their funds.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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