Veil weekly updates: January 28, 2019
A weekly digest of new Veil features and updates.
New weekly leaderboard
We’ve loved browsing the Veil leaderboard to see how much money users are winning—or losing 😬. This week we updated the leaderboard to filter results by time. You can now view users’ performance from this week, the last week, or all time.
We want to congratulate the best performers from last week: @zoltu machine (+433%), @free (+317%), @wilburforce (+282%), @haki (+185%), and @mental_prisoner (+104%)!
It’s important to note that the Invested column considers both the amount of ETH spent in a given week as well as the value of your starting portfolio. So theoretically you can top the leaderboard without making any trades in a given week if you just hold a position that appreciates a lot during the week.
Payout calculator now embedded in order form
We are well aware of how confusing Augur markets can be. It’s often hard to understand how much money you’re putting at risk and how much money you stand to gain. So we recently made an update to the Veil order form that includes your max loss, max gain, and a graphical representation of your payout. If you’d like more information on pricing and payouts, we recommend reading our Guide to Augur Economics.
Added user-nominated markets
As we announced last week, after receiving many nominations of Augur markets to list, we listed our first two community-created markets. Here are the two markets:
- 📇 Will Coinbase delist ETC by the end of 2019?
- 🛰️ Will a SpaceX Starship test vehicle have a successful test flight before March 2nd?
If you’d like to see other Augur markets listed, please nominate them here.
Open-sourced code for an example Veil tradebot
As an example for others to use as reference, we wrote and open-sourced code for a Typescript-based tradebot. The tradebot market makes in binary and scalar markets. Though be warned: the trade logic is intentionally naive, so do not run this code in production and expect to make money.
Updated trade graphs to include spot prices
For markets that depend on one of Veil’s data feeds—like REP/USD or Ethereum’s gas price—we updated the trade history graphs to include the data feed as well. It’s particularly neat to see the trade price predict or respond to changes in the underlying asset’s spot price.
Announced our acquisition of Predictions.Global
We were very excited to share the news that Veil has acquired Predictions.Global, the most popular website for browsing Augur markets. Thanks to Coindesk and The Block for writing about the deal as well. We plan to maintain Predictions.Global as is, only making small modifications like adding links to Veil in supported markets.
Coinlist/0x workshop on Veil
Last week Veil hosted a workshop for the ongoing Coinlist and 0x virtual hackathon. Graham and I explained how our order matching engine works with 0x and Augur and answered some questions. We’re looking forward to hosting more events like this to help explain Veil and its potential use cases.
More resources to learn about Veil:
