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Sep 20

An Extensive Analysis into Hermes Protocol: A Revolutionary AMM on Metis

I'll start with what AMM stands for Automated Market Makers. These are decentralized exchanges that use algorithms to trade easily. For pricing and trade execution, they rely on mathematical algorithms and liquidity pools. Lower fees, permissionless trading, constant liquidity, and decentralization are just a few benefits that AMMs provide. With its AMM systems, Hermes Protocol changes the game in the Metis DeFi space by rewarding liquidity providers with a highly competitive 0.01% charg...

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