Augur Weekly Report — April 10th

Development Update:

The above post was published this week, detailing the contract changes for Augur v2 including: denomination in DAI, invalid as an explicit outcome, use-it-or-lose-it forking, and more. Here is an excerpt:

Since day one of Augur’s first release last July, we have compiled improvements to the protocol from users, bug reports, internal discussion, and observation of Augur in the wild. We commenced work on V2 a few months ago, and contracts are now ready for the first round of audits with integration work in progress with the rest of the Augur platform.

Augur Metrics:

Pre-Finalization Markets: 594

All-Time Finalized Markets: 1,675

Pre-Finalization Open Interest: $619,273.71 (3,514 ETH)

CASH Contract: $963,559.97 USD (5,503 ETH)

ETH Price: $175.07


Augur.Guide is the fruit of one of the Augur Community Bounties, completed by community member Msagansk.

The site serves as a user-friendly guide to the protocol, which aggregates and synthesizes information on the ways that each type of actor (trader, market creator, reporter) can use the platform. It is a community-driven effort, so submit any issues, requests, or improvements to the repo.

Blitzpredict Alpha Release

Ahead of their mainnet release in the coming months, BlitzPredict has released an alpha version of their exchange on the Kovan testnet. Follow the link above for more information on the alpha and watch the below video for a walkthrough of the features.

Flux — Derivatives on Startups

This week saw the introduction of Flux Market, a way to trade derivatives based on startup milestones, funding, products, or even scandals. To do so, Flux leverages 4 separate open protocols, Augur, Ethereum, 0x, and Maker.

Flux was created by the same team which launched EveryDapp, a community-driven Dapp curation and ranking platform. Their alpha version will be made available in April to a select group of users; check back shortly at Flux for early access!

The Forecast Foundation has no role in the operation of markets, trades or actions created or performed on the Augur protocol, nor does it have the ability to censor, restrict, control, modify, change, revoke, terminate or make any changes to markets created on the Augur protocol. The Forecast Foundation has no more control over the Augur protocol than anyone else using Ethereum.

Thus, we do not seek to advise others on how to use the protocol. We encourage those in the community that are well educated on Augur to pay it forward and share their ideas for best practices, tips, fixes and etc with the larger community via Twitter, Reddit, Discord, Github and other community channels. For more information regarding the role of the Forecast Foundation, checkout the FAQ.


The Forecast Foundation OU