Magic Eden is a marketplace for buying and selling NFTs, and it offers a range of advanced features to make the trading process easier and more efficient. One of new features is Magic Eden’s Automated Market Maker (AMM) Pools, which provide a simple and efficient way to manage sell-side, buy-side, and double-sided LPs on Magic Eden. In this article, we will take a closer look at Magic Eden’s AMM Pools and how they work.
Handling a single item sell-order or buy-order is a manageable task for users, but managing multi-item sell or buy orders (LPs) can quickly become overwhelming. Magic Eden’s AMM makes it easy to manage sell-side, buy-side, and double-sided LPs, regardless of the LP size.
There are three types of LPs on Magic Eden’s AMM Pools – Buy-Side LP, Sell-Side LP, and Double-Sided LP