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2 changes: 1 addition & 1 deletion pages/glossary.mdx
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| ---------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| Clearing House | margin/accounting engine of the protocol |
| AMM | means an Automated Market Maker is Drift's source of constant liquidity that is based on the constant product formula `x*y=k` balancing the reserves. |
| Keeper Network | refers to the network of Keeper Bots on Drift that facilitates the exchange of liquidity. For more information, read [Keeper Bots](/about-v2/keepers) |
| Keeper Network | refers to the network of Keeper Bots on Drift that facilitates the exchange of liquidity. For more information, read [Keeper Bots](/pages/about-v2/keepers) |
| JIT | means to Just-In-Time. |
| JIT Auction | a "Just-in-Time" Auction refers to the dutch auction mechanism that lets Market Makers provide liquidity to Takers.|
| Market Makers / Makers | refers to parties on the platform that provides liquidity to the exchange. Liquidity 'provided' by Market Makers can be 'taken' by Takers. Market Makers includes parties that place orders on Drift with the 'Post-Only' function. This means the order will be placed on the decentralised orderbook and will only add to the liquidity available. Market Makers also include parties that provide liquidity via the JIT mechanism. |
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