Augur (REP) Surges 35% in the Last 30 Hours; What’s Next?

Augur is on a roll as its price surged over 35% against the dollar in the last 30 hours. The recent announcements regarding new upgrades and products could be directly related to the sudden spike.

During Devcon 5 in Osaka, Japan, Augur founder Joey Krug revealed that Augur v2 is set to launch in Q1 2020. The original plan was to release several upgrades one by one. After an in-depth discussion, the team agreed to release them all at once.

Augur v2 will integrate 0x to enable services associated with on-chain trading. Users will now have the ability to create, modify and cancel orders in a timely and cost-effective manner. This upgrade will also add MarkerDAO’s DAI as the settlement currency preventing users from being subject to ERC20 token volatility. Finally, the development team is working on enabling high throughput and low latency trades as the scaling solution for the prediction market platform.


Share this: