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Author: Tom Kysar

For Reporters: A Guide to REP Tokens

For Reporters: A Guide to REP Tokens

Reputation Token (REP) A tradable asset numbering 11 million tokens whose possession makes its owners the reporters of Augur’s platform. Each token entitles its owner 1/22-millionth of all market trading fees in return for faithful reporting on market outcomes. Below is a guide to REP tokens. Reporter Anyone that has a Reputation Token. Reporters vote on the outcomes of Augur prediction markets that have reached their expiration dates in order to resolve the market. Reporters lose reputation tokens if they…

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Augur Front-End Update – April 5th

Augur Front-End Update – April 5th

Last week was spent focusing performance updates with transaction loading in the portfolio display, and switching our selectors to use the Reselect library. We’ve also finished and pushed a new library to the EtherumJS repo, called ethereumjs-blockstream. This library handles block and log removals on chain reorganizations, along with block and log backfills on skipped blocks. This gives us a reliable source of Ethereum blocks to use within Augur. We have a new auditor looking at Keythereum, Kirill Fomichev, a contributor of the EthereumJS libraries. We’ve received…

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How To Create A Good Market on Augur

How To Create A Good Market on Augur

In Augur, there are three different types of markets that can be created – binary (yes/no), multiple choice, and scalar. While anyone can create a market on Augur, it’s important to put the time and effort in learning how to create a good market on Augur. Event Question What is the question the market should attempt to answer? Post a question about the future topic of something with widespread interest, and likely to be widely reported on. You will lose your market bond…

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