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RippleX discloses technical issues with XRP Ledger’s AMM pool and advises users to be cautious

RippleX discloses technical issues with XRP Ledger’s AMM pool and advises users to be cautious

CointimeCointime2024/03/25 01:38
By:Cointime

Ripple's development department, RippleX, revealed a technical issue affecting the automatic market maker (AMM) pool on the XRP ledger, which led to incorrect transaction processing. RippleX advises its users to no longer deposit funds into the affected AMM pools, as this measure aims to eliminate any possible concurrent issues that the current malfunction may cause. Those who hold liquidity provider (LP) tokens in these pools are advised to redeem their funds until the issue is resolved. The RippleX technical team stated that they are actively working to resolve this error, with a focus on restoring normal operations within the AMM pool. The company stated that they are currently committed to resolving this issue quickly and have been collaborating with community members to assist in resolving the issue. XRP Ledger (XRPL) users and AMM pool stakeholders are advised to stay up to date with RippleX's updates through its official communication channels.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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