Augur Weekly Report — September 18th

Augur
Augur
Sep 18 · 3 min read

Augur v1 Cutoff Update

Augur v1 is winding down to a close, and with that transition, there are some important points to consider:

  • Market creation performed in the UI enforces cutoff date of January 1st, 2020 at 00:00:00 UTC
  • With Augur v2, a REPv1 to REPv2 token migration is required, putting markets on Augur v1 at a higher risk of resolving incorrectly due to the assumption that a large amount of REPv1 will swiftly migrate to REPv2, potentially leaving insufficient REPv1 behind to accurately resolve markets.
  • Only markets that enter reporting prior to January 1st, 2020 at 00:00:00 UTC and meet a specified Initial Reporter stake threshold should be considered safe to trade on.
  • The Augur reference UI will only display markets, by default, that meet the required stake relative to their Reporting Start Time. This allows traders to continue to use Augur without having to worry about which markets are safe or not.

For more on how this update affects market creators, follow the below link:


Development Update

The team has been finishing up all the v2 implementation of the Markets, Reporting, and Disputing pages as well as cleaning up the notifications wiring.

Augur v2 will feature contextual toast notifications. The goal of notifications is to help users be more productive, informed, and engaged. Augur’s new notification system accomplishes this by delivering users relevant and actionable messages.

As seen in the below design mocks, the notification system in v2 will be far more robust than in v1, however another goal is to ensure they’re not overbearing and intrusive:


Augur Metrics

Pre-Finalization Markets: 308

All-Time Finalized Markets: 2,352

Pre-Finalization Open Interest: $250,927.01 (1,182 ETH)

CASH Contract: $669,223.51 USD (3,149 ETH)

ETH Price: $212.46




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, Discord, Reddit, Github and other community channels. For more information regarding the role of the Forecast Foundation, checkout the FAQ.


Cheers,

The Forecast Foundation OU

Augur

Written by

Augur

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

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