Stellar is all set to play a very important role in the future of the global financial market.  It is only a matter of time for the Stellar Network.

Protocol 18 powers up Stellar’s path payment feature by making paths easier to find, through support of larger quantities, and by achieving reliable exchange rates – in short, making them more liquid.

Early in November validators will be voting on whether to upgrade the Stellar network to Protocol 18.  The protocol will implement CAP-38, which is aptly titled Automated Market Makers.

The upcoming feature is something about which the ecosystem and the Foundation have been buzzing for months now.

SDF’s “technical trident” have sorted the feature from three perspectives: 1.  The Core team handled integrating liquidity pool functionality deep into the protocol.  2.  The Horizon team focused on exposing their properties to developers through new API endpoints and SDK support.  3.  Product Engineering team made it easy to interact with them in the Laboratory.

Also, SDF has been working to expose automated market making functionality.  The ecosystem is working on exciting new products to leverage that same functionality and let the world take advantage of Protocol 18’s feature set on Day 1.

AMMs was made famous by Uniswap in 2018.  This upgrade will make Stellar the first L1 blockchain to integrate AMM capabilities directly into its protocol. Thus, the performance, trustworthiness, and unique features of the Stellar network will travel with it.

Path payments is a noteworthy feature in the process.  You can combine payments and asset exchange: You send one asset, and your recipient receives another. The send-and-convert combo is possible for as long as there is some path between the assets, and it is how Stellar natively caters cross border payments.

Protocol 18 will made in a way to “super size” the Path Payments feature.  Thus, making it paths easier to find.  Therefore, support larger quantities to achieve exchange rates which are even more reliable. In a word, path payments will be more liquid.

Community response:  Why don’t we ever get good price movements? Is this somehow purposely held down?? I can’t figure it out. How do I buy gas or groceries with it? Coin movement is too slow.

XLM goes up by half when XRP goes up and goes down, the same or even lower when XRP goes up. The valuation in the market is an XRP clone. Is there anything you tried to change this?