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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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