Augur Weekly Update — July 18th

It’s been a little over a week since Augur launched and there has been a lot of activity thus far. To date, there have been 460+ markets created with over $930,000+ USD (1,950+ ETH) in active open interest at stake, and a total of $1,300,000+ USD (2,750+ ETH) collectively in Augur’s contracts. Active open interest can be seen at predictions.global, and the total amount of ETH can be seen in the Cash contract.

Another milestone occurred today when the first Augur markets resolved successfully:

This fee window only included a few markets with active open interest, due to the time of when Augur launched and when the fee window closes (5PM PT on Wednesdays, currently), resolving to about $20,000 USD. A community member made a calculator where you can see all details about reporting, staking REP, fees earned, and a timer for the current fee window.


Augur App v1.0.4:

Further, the development team has been absorbing feedback and cranking out releases at a rapid pace. The Forecast Foundation pushed v1.0.3 and v1.0.4, with v1.0.5 coming out in the next few days.

As bugs continue to arise we encourage you to continue submitting feedback to the appropriate GitHub issues page.


Community Videos:

KDounglomchan created a video about how to use Augur and explains five major things to understand:

BlockWolf also created a great guide on how to use Augur App:

Ethex Market on how to use Augur & Augur App as well:



Keep an eye out for a new release of Augur App coming in the next few days. Please file issues in their respective Github repositories, and feel free to jump into issues and contribute!

Reminder, the Forecast Foundation doesn’t create or participate in markets, trades or other actions on the Augur protocol. Thus, we do not seek to advise others on how to use the protocol. We encourage those in the community that feel they have a strong grasp of Augur to pay it forward and share their ideas for best practices with the larger community. For more information regarding the role of the Forecast Foundation, checkout the FAQ.


Cheers,

The Forecast Foundation OU