Fast-track approval is a significant advantage of digital onboarding with Automated Market Makers (AMMs). By providing fast-track approval for account opening and KYC, AMMs can:

1. _Accelerate account opening_: Open accounts in a matter of minutes, not days or weeks.

2. _Quickly verify identities_: Use automated KYC verification to quickly validate traders' identities.

3. _Streamline the process_: Minimize manual intervention and reduce the time spent on approval processes.

4. _Get traders trading faster_: Allow traders to start trading quickly, reducing the time spent waiting for approval.

5. _Improve user experience_: Provide a seamless and efficient onboarding experience, improving customer satisfaction.

6. _Increase trading volume_: By getting traders trading faster, AMMs can increase trading volume and revenue.

7. _Enhance competitiveness_: Stay ahead of the competition by providing a fast and efficient onboarding process.

8. _Reduce drop-off rates_: Minimize the risk of traders abandoning the onboarding process due to delays.

9. _Improve customer retention_: Provide a positive onboarding experience, leading to increased customer loyalty.

10. _Increase market share_: Attract more traders with a fast and efficient onboarding process, increasing market share.

By providing fast-track approval, AMMs can create a more efficient, user-friendly, and competitive onboarding process, allowing traders to start trading quickly and improving overall customer experience.