Augur Weekly Report — June 12th

Development Update

This week the Product, Design, and Dev teams are finishing up tasks scheduled for Sprint 9 — Ignoble Iceberg Lettuce. During this sprint the team leads have been working on putting together a roadmap for the upcoming months as work continues toward v2. The goal of this roadmap will be to identify the high level features needing work, and make sure an internal cadence is established.

While working though product roadmaps may be exciting to some of us, for the rest of the world there is indeed actually exciting news! The team has received the first round of feedback from the Augur v2 audits being performed by Zeppelin. The audits identified a number of potential issues, and the team is actively evaluating the feedback and implementing solutions to the problems. This round of cleanups is expected to last a couple of weeks — at which point the development team will publish the first public deployment of Augur v2 onto the Kovan testnet.

The Kovan testnet deploy will be a pre-alpha deploy designed to help the dev team coordinate on integration work. However, the monorepo containing all the v2 code will be updated with those deployed contract addresses; and there will be Docker images published for the UI. For those of you who are eager to see how Augur v2 will work on a contract level, or want to see how things go with a shared instance for testing, this deployment will be a good time to dip a toe into the water.

Over the next two weeks the team expects to accomplish the following major tasks:

  • Complete improvements to v1 Liquidity Sort / Filters
  • Complete changes/improvements from initial v2 Audits
  • Complete integration of the Trading page with the v2 Middleware
  • Complete Market Creation Design
  • Complete v2 Reporting Design
  • Begin integration of the Account page with v2 middleware
  • Begin integration of Portfolio
  • Begin the UI implementation of new Market Creation flows for v2
  • Continue work on v2 documentation auto-generation from codebases

Follow our sprints in Github Issues, and as always come to Discord and ask questions!

Augur Metrics

Pre-Finalization Markets: 444

All-Time Finalized Markets2,031

Pre-Finalization Open Interest: $582,014.81 (2,261 ETH)

CASH Contract: $1,161,314.73 USD (4,511 ETH)

ETH Price: $257.43

Augur App Release v1.14.2

In Augur App v1.14.2, the invalid filter now enforces a minimum return on investment. For a market to appear on the default markets page it must have (on at least one outcome) a bid above the number of outcomes in the market divided by the range, or an ask below the number of outcomes in the market divided by the range, after accounting for fees and at least a 10% annualized return on investment for the order taker as calculated over time from now until two weeks after market expiry.

You can read more on this decision below:

Shoring up Augur's Validity Filter | Augur Prediction Markets

Links:

Augur.net

The Ultimate Guide to Decentralized Prediction Markets

Augur v2: A Tour of the Prediction Protocol’s First Major Upgrade

Announcing the Augur v1 Cutoff

Defeating Augur’s Largest Attack

BlitzPredict — Weekly Update

TokenDaily — A Primer on Prediction Markets

A Deep Dive on Insuretech — Village Global

The Forecast Foundation has no role in the operation of markets, trades or actions created or performed on the Augur protocol, nor does it have the ability to censor, restrict, control, modify, change, revoke, terminate or make any changes to markets created on the Augur protocol. The Forecast Foundation has no more control over the Augur protocol than anyone else using Ethereum.

Thus, we do not seek to advise others on how to use the protocol. We encourage those in the community that are well educated on Augur to pay it forward and share their ideas for best practices, tips, fixes and etc with the larger community via Twitter, Reddit, Discord, Github and other community channels. For more information regarding the role of the Forecast Foundation, checkout the FAQ.

Augur | A Decentralized Oracle & Prediction Market Protocol

Cheers,

The Forecast Foundation OU



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This article was first published on: Stories by Augur on Medium