|Brief||Augur is a decentralized oracle and prediction market platform. Users feed real world information into Augur's contracts. Augur ensures the accuracy of this real world information by providing a financial incentive for REP token holders.|
|Last updated:||Friday, May 29, 2020 1:00:01AM UTC|
|Current price, USD:||12.850|
|Market capitalization, USD:||141 366 405|
|Available supply:||11 000 000 REP|
|Volume 24 hours, USD:||11 302 853|
General REP facts, technical details and general information about Augur crypto currency
Augur is a decentralized oracle and prediction market platform. Users feed real world information into Augur's contracts. Augur ensures the accuracy of this real world information by providing a financial incentive for REP token holders to correct markets they believe have been reported on incorrectly. There are several ways users can participate in Augur: you can trade shares in markets, create prediction markets, or participate in the reporting system to keep the Augur oracle honest.
On Augur, market creators set the event start and end times, a designated reporter, resolution source, and settlement fee. Traders can purchase shares in Augur markets immediately after market creation. The Augur contracts maintain an order book for every market created, and offer shares at the current best price. Settlement fees are paid by traders when positions are settled within a market. After the event has occurred, the outcome is determined by the designed reporter, or ultimately, Augur’s decentralized oracle, if necessary.
REP (Reputation) token holders can participate in the Augur reporting system. REP token holders have the ability to dispute the tentative outcome of any Augur market within 7 days of resolution by staking a dispute bond. When doing so, the Augur market will go into a dispute round, where REP holders can stake REP tokens on one of the markets possible outcomes. If the tentative outcome is overturned, users who participated by staking on the new winning outcome will receive a 50% ROI. There is always a financial incentive to keep the Augur oracle reflecting reality.
We list daily Augur historical data for the past 10 days
|Date||Open, $||Min, $||Max, $||Market cap, $|
|May 20||12.850||12.8||13.2||142 777 208|
|May 21||12.950||12.02||12.95||137 393 191|
|May 22||12.330||12.12||12.74||138 329 761|
|May 23||12.520||12.44||12.89||141 766 541|
|May 24||12.650||12.34||12.84||136 402 842|
|May 25||12.060||12.06||12.59||135 743 020|
|May 26||12.490||12.31||12.63||137 787 949|
|May 27||12.600||12.38||12.83||139 246 413|
|May 28||12.600||12.49||12.93||141 975 313|
|May 29||12.740||12.74||12.85||141 366 405|
|REP price change 24 hours||1.26%|
|REP price change 7 days||4.57%|
Just like any nascent crypto trader, I wasn't paying much attention to the fundamentals of coins when I first started trading. I was just looking the price action, watching out for coins in the red that had the potential for growth. That's when I...
JimmyJones September 29, 2019 REP
For some reason REP has been pumping lately. Could it be because of insider trading? Is there about to be a large announcement, such as its platform is fully operational and we can start earning REP for making accurate predictions? It’s too early to...
Matt May 5, 2019 REP
Augur still amazes me when I use their platform. They were the first ERC20 token to finally go live off of the Ethereum network. There were so many dApps that were speculating around that time, but REP pulled it off first. What's even more...
Hanna March 13, 2019 REP
The one thing I've listened to Augur for was their call on the Super Bowl game between the Patriots and the Rams. It's amazing that Augur called a win for the Patriots. I bet a whole Bitcoin on that game and Brady pulled through. ...
Jerry February 27, 2019 REP
ank4d April 24, 2016 REP
|Price, USD||24h||7 days|
We publish the most accurate Augur Forecasts and News including crypto industry experts' opinion on a daily basis