Denelle Dixon, CEO and Executive Director, Stellar Protocol expressed: People should care about Protocol 18 and Automated Market Makers actually because of the fact that it brings such tremendous value to the ecosystem.
Protocol 18 in the event that actually the community accepts it and that the votes come through in favor of it, is going to be really transformational for the network I think because what we are all about is asset issuance and payments. And, really focused on cross border payments and that is what Stellar is particularly good at. But in order to have that, you need to have liquidity. And, so what Protocol 18 allows is different.
An additional methodology to bring liquidity to the network. So, combining the Stellar DEX with Protocol 18, which allows for liquidity pools. It is just going to be a really automated market maker. It is going to be a really phenomenal opportunity to be able to bring that liquidity to the network. So that we can get even more powerful with respect to the cross border payments piece.
One of the things that I am proudest of as someone who supports can open source foundation that is focused on development for a project like this is the fact that we respond to and we are very connected with the ecosystem.
So, Protocol 18 is the perfect example of how you want open source to work. We have the needs in the network itself from liquidity, and the need for liquidity. And, then we had a really deeply engaged ecosystem and participants in the ecosystem. It had a lot to say about how they thought that Protocol 18 should come together.
So, that inner working about how the Stellar Development Foundation developers in addition to the developers in the ecosystem really came together to create what we think. It is really going to be transformational opportunity for the network. It is pretty awesome.
If you want to find more information about Protocol 18 you can already look on the Stellar blog. There is a lot of information there, not just about the protocol itself and protocol 18 itself, but about the development process, which I think is really interesting.
Community response: We are eagerly waiting. No advertisements, no new deals, no rise and no high targets. Think about it, even Shiba coin attracts more investors than you. Why is XLM so passive? Or do you not care about investors? Or are you just trying to fill your own wallets with money?
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