What Are Dynamic NFTs?

NFTs represent distinct and irreplaceable digital assets within a blockchain. These exceptional items are typically generated using a standardized token protocol, such as XLS-20 for the XRPL, ensuring that each NFT possesses a unique token ID. In the case of static NFTs, they are minted with immutable token data, meaning…
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Understanding AMM and Impermanent Loss on XRPL: Navigating the New XLS-30 Release

The XLS-30 (AMM) amendment for the XRP Ledger represents a monumental moment for the Ledger at large. At last, users can provide liquidity to their favourite tokens and receive a share of the trading fees. A single AMM may exist for each pair of assets within the ledger. If an…