Augur Weekly Report — February 6th

Development Update:

Over the past week, the Forecast Foundation team has been focused on:

  • Designing/implementing the database schema for Augur State (the new in-browser version of Augur Node).
  • Researching how to roll back the Augur State database to a previous block number in the event of a blockchain reorganization.
  • Planning how to refactor parts of the UI code to improve performance & reusability of the UI code.
  • Designing the new Account Summary page, which will be the main dashboard for notifications & market/position information in the redesigned UI.

Augur Metrics:

Pre-Finalized Markets: 571

All-Time Finalized Markets: 1,346

Pre-Finalized Open Interest: $473,410.96 (4,499 ETH)

CASH Contract: $689,704.38 USD (6,578 ETH)

ETH Price: $104.85

Please note: Previously, the OI was recorded from Predictions.Global, which included unclaimed finalized OI in its calculation. From here on, we will be reporting pre-finalized OI and breaking down market tallies into pre-finalized, and all-time finalized categories, as calculated by CrystalBall.Be.

Download Augur App v1.10.1

This one fixes a number of bugs:

💸 Using the Augur UI to transfer ETH and REP? It now taskes into account gas costs and lets you transfer all ETH (minus gas) to another address easily.

📏 Markets and their outcomes now show correct volume. We now use a “cash changing hands” definition for volume, which includes complete set creation and destruction. Does not require a DB reset.

🚫 UI no longer incorrectly displays an error when disputing a result of a scalar market.

⏬ You can properly sort markets “In Reporting”

⌚️ Timezones are hard, but important when choosing a market end date. There is now guidance on using UTC for end times by default.

🥇 For traders who are creating orders, transaction history will now correct show “buy” or “sell” from the creator/maker’s point of view. Previously all transaction history was displayed from the filler/taker’s point of view.

💻 In the augur.js API, getMarkets() now supports filtering by more than one ReportingState in a single call.

💄 Style improvements to Error colors and the Mobile UI.

Off-Chain Trading w/ Augur and 0x

Graham from Veil published a write-up on the Veil orderbook, which leverages 0x to enable off-chain orders to be placed on Augur markets. This post gets into the nuts and bolts of how trades are made on veil and is well worth the read!

Insights from a House Market Trader

In the above post, Ben Davidow, author of the Augur Edge newsletter, gleans some of the motivations and challenges of an Augur whale. He uses these insights to deduce how and when the next wave of high-stake individuals might make their way to the platform.

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