Finally, the most anticipated features of Polkabridge AMM V2 will be released shortly! Before I go into detail regarding the (AMM), let me quickly explain what crypto currency is. a digital currency in which transactions are verified and records maintained by a decentralized system using cryptography, rather than by a centralized authority. You can’t touch crypto with your hands, but you can use it or trade it for your local cash! I know you’re thinking to yourself, "I can’t touch it, but how can I utilize it?" Yes, you can use it, and I’ll tell you how. You can always use your crypto to stake and earn a percentage based on the APY or API. You may also be asking how you may convert it to your own currency. Yes, we have (cex and Dex) decentralised exchange and centralised. Binance, the largest crypto exchange in the world, is an example of a centralised exchange. Quickswap is an example of a decentralized exchange where you can swap your token for another. For example, if PBR is not listed on Binance but is on Quickswap, a user can swap his or her PBR for a matic that is listed on Binance, move the matic from his or her wallet to the Binance exchange, sell, and receive payment in his or her account. Now what is AMM, For those unfamiliar with the term, AMM stands for automated market marker. Examine automated market markers such as your (ATM), where you insert your card into an ATM machine to withdraw cash and pay a little cost! Now, in an AMM, you swap your token from one chain to another, but in the Polkabridge AMM, we have different chains such as polygon, solana, Ethereum, polkadot, and BCS! All of these chains are combined into a single application. For years, blockchain users have struggled with gas fees, particularly on the ETH chain; but, with the Polkabridge (AMM), users may now move tokens from ETH to other chains.
only pay with Dot, you’ll be charged low for gas fee on every transaction! Without the use of ETH as a gas fee.
For those of you who don’t know what is Polkabridge, Polkabridge is a decentralized all in one application.
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