Augur Weekly Update — July 25th

Augur
2 min readJul 26, 2018

It’s now been two weeks since the deployment of Augur’s contracts to the Ethereum blockchain. To date, there have been 650+ markets created with over $1.5 million USD (3,100+ ETH) in active open interest at stake, and a total of $1.9 million+ USD (4,000+ 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.

This second fee window had a collective ~91,100+ REP staked by REP token holders. This is up significantly from the first fee window, which had ~18,000 REP staked by REP token holders.

Additionally, ownership of the escape hatch contract has been transferred to a burn address. It was planned to be (and was) removed at the two week mark assuming the deployment was successful and no critical bugs or vulnerabilities leading to loss of funds were found.

Augur App Release v1.0.7:

Another three releases were published this week; v1.0.5, v1.0.6, and v1.0.7. Releases will continue to come as soon as the development team feels they have enough improvements, features and fixes to package together. There is no set schedule, v1.0.6 and v1.0.7 were both released today!

Keep an eye out for another 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!

Community Content:

KDounglomchan: Kit remains on fire with the Augur tutorials, with one on REP Token use cases:

And another on buying/selling shares:

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.

Cheers,

The Forecast Foundation OU

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Augur

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