Augur is a decentralized oracle and prediction market platform built on the Ethereum blockchain. It allows you to forecast events and be rewarded for predicting them correctly.

Augur

whitepaper

Abstract

Market Creation

Trading

Reporting

Market Settlement

How Augur Works

Integrity of the Forking Protocol

Our Assumptions and Their Consequences

Market Cap Nudges

Leveraging the Threat of a Fork

Incentives and Security

Parasitic Markets

Volatility of Open Interest

Inconsistent or Malicious Resolution Sources

Self-Referential Oracle Queries

Uncertain Fork Participation

Ambiguous or Subjective Markets

Potential Issues & Risks

Acknowledgments

References

Finalization Time & Redistribution

Alternative Assumptions & Consequences

The Effect of the Early Migration Bonus on the Integrity of the Forking Protocol

The Effect of the Early Migration Bonus on the Minimum Cost of a Fork

Validity Bond

No-Show REP Bond

Designated Reporter Stake

Bond Size Adjustments

Reporting Fees

Trading Fees

Universes

Design Changes

Augur: a Decentralized Oracle and Prediction Market Platform

Augur REP