Augur Weekly Report — May 15th

May 16 · 3 min read

Development Update

The Forecast Foundation dev team is back at it again, working hard on the current sprint, Geriatric Garlic. The work in this sprint has focused on the usual suspects, but developers have also been moved around to focus on some interesting parts of the project.

To begin, last week the hard call was made to pull back on the early release of the new UI redesign, and to incorporate it into the v2 release instead. While this was a little disappointing for those working to get it shipped, it gave them a chance to redirect efforts at the long process of integrating with the V2 contracts, as well as to begin in earnest at making the v2 middleware API. A significant portion of the team has been working on the latter during this sprint.

The following work is being completed:

  • Consolidating new log processing, API Server (both in browser and standalone), High Level APIs, and API connectors that handle working with different API servers. This new module is called @augurproject/sdk and it will be the one-stop shop for developers to interact with augur.

While this work is underway, a small portion of the UI team has spent some time finishing up most of the work for the final few builds of Augur App. The plan is to release this build later this week or early next week. It will include some new filtering and sorting, designed to help people understand markets which are likely to be invalid, as well as new messaging regarding the v2 launch plan.

As for contracts? DAI Savings Rate support has been completed and has just finished code review.

Check out the Github milestone for Geriatric Garlic for more information.

Augur Metrics

Pre-Finalization Markets: 529

All-Time Finalized Markets: 1,887

Pre-Finalization Open Interest: $533,631.39 (1,983 ETH)

CASH Contract: $1,146,117.21 USD (4,262 ETH)

ETH Price: $268.89

The State of Prediction Markets and Crypto in 2019 with Joey Krug

Joey joined Erik Torenberg on the Venture Stories podcast hosted by Village Global to talk all things Augur and the learnings since launching nearly one year ago. Don’t miss out on an engaging conversation tackling the challenges of building Augur and overcoming objections to the utility of prediction markets.

Multicoin Summit: The Promise of Prediction Markets

At the Multicoin Capital Spring 2019 Summit, Matt Shapiro discussed the radical potential of Augur and previewed some of the apps built using Augur markets.

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.


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An open-source, decentralized, peer-to-peer prediction market platform built on Ethereum.