Augus retweeted
Starting with @AugusLSN (@AugurProject) on the difference between prediction markets and gambling:
"In a casino, the house always extracts. In a sportsbook, the odds are negative-EV by design
A real prediction market is an open order book. Nobody inside the protocol has a privileged position over you"
And on whales pushing the odds in their own favour:
"Sure, with enough money you can push 40% to 80%
But lying to a prediction market means putting your money on the table for everyone else to take"
Augus retweeted
DevNTell - @AugurProject: The Decentralized Layer for Prediction Markets feat. @AugusLSN | Host: @narb_s xitter.cf/i/broadcasts/1qxvvvQgq…
Augus retweeted
We’re glad to share this one.
@krakenfx has been one of Augur’s longest-standing exchange partners, including during its hibernation.
We’re grateful for their support of REP holders and for their broader commitment to decentralized, open-source software. The space could use more of that.
REP holders on Kraken are covered. You don’t have to do anything. The migration will happen automatically on their end.
support.kraken.com/articles/…
Augus retweeted
GM. Lituus Labs is proposing a new Augur.
A modular, cross-chain oracle — open to any use case, not just prediction markets.
Pay a fee. Ask a question. Get decentralized truth.
Read the proposal and share your thoughts 👇
medium.com/@lituusfoundation…
Augus retweeted
gm. Augur is Back.
The Lituus Foundation is reviving Augur, the pioneering decentralized oracle that brought crypto prediction markets to life.
Augur’s oracle ensures economic security with a decentralized system of incentives. $REP holders compete in a permissionless, trustless escalation game where honesty is the most profitable action.
As prediction markets scale into the billions, the risks of censorship and manipulation grow. Augur solves this with a specialized, immutable oracle—free from corruptible councils or emergency backstops. Without it, the potential of prediction markets to deliver unbiased information remains limited.
Two development teams are leading the charge:
Lituus Labs(@AugusLSN): Will apply new technology and learnings to modernize and improve the oracle, starting with exploring a low-fee L2 deployment.
Dark Florists(@MicahZoltu): Committed to building censorship-resistant prediction tools on Ethereum Mainnet, their first initiative will be an AMM-like streamlining of the trading experience.
We invite developers, thinkers, and contributors to join us on this journey. Let’s shape the future of informational finance together — decentralized, permissionless, and unstoppable.
Come join the discord and get involved!
