Augur Weekly Report — October 3rd

Last chance to post your wish list for Augur v2 on Reddit.

Look out for an extended post detailing the tentative v2 changes in the very near future! Preliminary discussions have included: use of DAI, implementation of use it or lose it for REP (in a fork), using an auction system for the REP price oracle, replacing participation tokens with a buyback/burn system, faster disputing, API fixes, bug fixes and more!

Markets: 1,231

Open Interest: $1,141,405.38 USD (5,078 ETH)

CASH Contract: $1,220,229.55 USD (5,429 ETH)

ETH Price: $224.75

Eth San Francisco

If you haven’t already, sign up to attend Eth San Francisco, sponsored by the Forecast Foundation. In addition to sponsoring the general event, Augur co-founder Joey Krug will be judging the hack-a-thon, and a special prize will be awarded to the best project built on top of or utilizing the Augur protocol. More specifics to come, but it will be worth the effort!

A number of high profile sponsors have released wish lists of products for hackers to build during the event that incorporate Augur:

Compliance Tokens with Augur x Wyre:

And Margin Trading with Augur x Dharma. From Dharma’s blog:

Margin Trading for Augur Prediction Shares
Have a really strong conviction about an outcome? Lever up!! Build a service that uses Dharma to enable margin trading on Augur prediction markets. Margin trading enables fiercer truth-seeking, as individuals with better information can magnify their positions, improving price discovery within the prediction market.

These are great ideas, and to piggy back off of them, here are a few more that would add great value to the ecosystem:

Take a look at Augur’s documentation & API, and pop in our Discord to get some familiarity or flesh out any ideas with the dev team!

Download Augur App v1.6.2

Two new releases shipped this week; v1.6.1, v.1.6.2; bringing a number of fixes/improvements, including:

💰 🙈 Users’ eth balances now get updated properly, no more zero balances when you’ve got cash!

🚘 😷 Auto-login for MetaMask users

☑️ 💂 Fancy-dancy new login UI (check the top-right corner)

⚠️ ⏩ Using Parity Warp Sync? We now give better warnings if your node isn’t ready for Augur Node to sync.

🐛 🔨 Many little bug-fixes and clean-ups ups to set the stage fore more feature work.

🤸 fixed a bug where in processing the market created log we add a new row for each share token in the token_supply table but we do not delete the rows on log removal.


Another awesome community project recently launched in PdotIndex! In their own words:

If we can track the performance of (and invest in) companies, why can’t we do the same for people
…While Augur’s oracle is built around predicting future events, I believe that a basket of future events (along with their probabilities) can be used to track a person’s success. And because there is always a mark-to-market value which represents the probability of an outcome occurring, we can create indexes for individual people. It was on this idea that Pdot was born…
…A Pdot index is a price-weighted index derived from a basket of speculative positions in various decentralized prediction markets on Augur (similar to the Dow Jones Industrial Average for U.S. stocks). For each index, the portfolio manager will carefully construct a portfolio that tracks the “success” of the index’s target…

Go and check out PdotIndex today!

Community Content

BlockWolf is at it again! This time with a video on controversial markets and a general update.

Augur co-founder Joey Krug hopped on the inaugural episode of Decentralize This! Take a listen below for an invigorating conversation on a wide variety of topics.

Reminder, 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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