Chia Network founder unveils plans for a decentralised exchange.

Chia cryptocurrency founder Bram Cohen has outlined plans to develop DeFi products within the project’s ecosystem.

A whole lot of defi on Chia stuff forthcoming, including decentralized exchange and AMMs

— Bram Cohen (@bramcohen) July 11, 2021

Among them, he named a decentralized exchange and an automated market maker.

Cohen also said he had discovered a scammer impersonating him on Facebook.

There’s a scam artist impersonating me on Facebook. If they contact you please report it as a fake. If anybody knows how to get Facebook verified that would be helpful.

— Bram Cohen (@bramcohen) July 11, 2021

“If he contacts you, flag this account as fake. If anyone knows how to get verified on Facebook, that would be very helpful,” he said.

On July 7, the developers of the Chia cryptocurrency unveiled an official protocol for mining pools. It supports trusted pools with low fees, between which users will be able to switch.

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