As a result of the ongoing technical problem, RippleX advises its users to stop making deposits into the impacted AMM pools. Automatic Market Maker (AMM) pools on the XRP Ledger are impacted by a technical problem that was discovered by RippleX, the company’s development division. The administration is updating customers about fund deposits as a result of this malfunction that interferes with transactions and pools.
The technical team has discovered an error in a small number of AMM pools on the XRP Ledger, which is causing transactions to be handled improperly, according to a post on the X social network.
RippleX Warns Its Users To Stop Making Deposits Into The Impacted AMM Pools
Instead of trading with other traders, traders can swap assets directly with the pool in an AMM pool. The pool comprises reserves of diverse assets, and prices are established using an algorithmic process that considers the asset ratio inside the pool.
As a result of the ongoing technical problem, RippleX advises its users to stop making deposits into the impacted AMM pools. The goal of this precautionary measure is to get rid of any potential problems that the current issue could create. It is recommended that holders of liquidity provider (LP) tokens in certain pools redeem them until the issue is settled. However, the technical team at RippleX is actively working to fix the issue, with an emphasis on getting regular operations back in the AMM pools. Users of the XRP Ledger (XRPL) and other interested parties in the AMM pool are encouraged to monitor RippleX’s official communication channels for developments.
