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TechFlow reports that NFT marketplace Magic Eden has announced the launch of Magic Eden AMM, allowing users to act as buyer LPs, seller LPs, or two-sided LPs.
Currently, maker fees are set at 0 (until further notice), and all liquidity pools have a 1.3x fee multiplier (with a $50,000 prize pool). All fee multipliers will be distributed to liquidity providers.
TechFlow reports that NFT marketplace Magic Eden has announced the launch of Magic Eden AMM, enabling users to act as buyer LPs, seller LPs, or bilateral LPs. The current maker fee is 0 (until further notice), and all liquidity pools have a 1.3x fee multiplier (with a $50,000 prize pool). All fee multipliers will be distributed to liquidity providers.
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