Stellar Open Protocol meeting reviewing CAP 38 (Automated Market Makers) post-implementation changes. The team validated final XDR adjustments before protocol 18 network upgrade scheduled for November 3rd, confirming AMM functionality is ready for deployment.
The Stellar Development Foundation held an open protocol discussion to review CAP 38, which introduces Automated Market Makers (AMMs) to the Stellar network. The meeting focused on validating post-implementation changes to the protocol specification before the November 3rd validator vote to upgrade to protocol 18. Key topics included XDR modifications for liquidity pool handling, result codes for trading operations, authorization semantics, claimable balance creation during revoke scenarios, and error specification for path payments. The team confirmed all changes are sound and necessary, with one addition requested: a sentence clarifying that liquidity pool shares may be canceled in future protocol upgrades. AMMs enable users to create liquidity pools and trade against them using path payment operations, automatically providing new liquidity sources for cross-border payments.