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All REP holders should migrate their tokens by August 1, 2026, to stay a part of the energetic Augur ecosystem
Augur, one among Ethereum’s earliest decentralized prediction-market and oracle initiatives, in the present day introduced that the second and closing part of its Moon Fork is getting into its closing days, with the two-month migration window for all holders of its REP token closing on August 1.
REP holders should migrate their tokens 1:1 into an outcome-specific model of REP by August 1, 2026. Migration is one-way and irreversible. Tokens that stay within the legacy Augur universe after the window closes will now not have the ability to observe the energetic protocol and are more likely to lose their financial worth. After that time, unmigrated REP can now not be transformed.
Migration tooling is accessible via Augur’s official fork interface at 6.augurfork.eth.limo, along with a step-by-step information and steadily requested questions.
 
The fork is a stay demonstration of how a decentralized system can defend a truthful final result with none central authority ruling on the end result. That safety relies on participation: REP solely protects the protocol when its holders act.
A stay take a look at of Augur’s financial safety mannequin
The Moon Fork started on April 8 with an deliberately escalated dispute over the query: Did the Artemis II mission efficiently raise off within the first week of April?
The dispute was initiated by longtime Augur group member Micah Zoltu to check the protocol’s full decision course of underneath actual financial situations. The proper final result was “Sure.”
The method was designed to check the mechanism from starting to finish, together with participant incentives, capital formation, dispute escalation and token migration. Augur entered the fork after sufficient REP was dedicated throughout successive dispute rounds to activate the protocol’s closing decision backstop.
The fork consists of two phases.
Part one: The escalation sport
From April via early June, REP holders might stake on competing solutions via a sequence of more and more costly dispute rounds.
Every spherical required extra capital than the one earlier than it. Individuals staking on the finally accepted final result had been eligible to earn a return funded by the shedding facet, making a monetary incentive for the broader market to oppose manipulation.
“Most individuals will work together with Augur throughout the escalation sport, which lets outcomes battle it out by seeing who can elevate more cash. The losers pay out the winners. Because it’s simpler to lift cash on an final result individuals imagine to be true, that’s the one with the benefit. So on this part we attempt to outspend the attacker, and if we are able to’t, we go to part two,” stated Phill Monastirsky, co-founder of the Lituus Basis, which stewards Augur.
The escalation course of continued till the dispute reached Augur’s fork threshold. Part one is now full.
Part two: Obligatory REP migration
The protocol has now cut up into separate outcome-specific universes. Each REP holder should select a universe and migrate their REP into the corresponding token.
“Failing to outspend the attacker, we now attempt to maximize their value by forcing them right into a nugatory token,” stated Phill. “The protocol splits into tokens akin to the potential outcomes, with 51% required to win. Since future Augur charges solely proceed on the truthful token, the attacker is compelled to maneuver 51% of the token provide into one thing nugatory. Within the Augur Lituus design, this rises to close 100%. So long as it prices them extra to do this than they acquire from misresolving the market, we’re secure.”
Future official Augur growth funded by the Lituus Basis will proceed on the universe corresponding with the truthful final result: that Artemis II efficiently lifted off throughout the interval specified by the market.
The Basis has migrated its personal holdings and added liquidity to the corresponding token.
What REP holders have to do
REP holders ought to take the next steps earlier than August 1:
- Maintain REP in a self-custodied Ethereum pockets or affirm that their alternate will help the migration
- Go to 6.augurfork.eth.limo/#/migration
- Join the pockets holding REP
- Migrate REP 1:1 into the outcome-specific token corresponding with the truthful end result
- Verify receipt of the brand new REP token within the related pockets
Migration can’t be reversed as soon as accomplished.
REP held on centralized exchanges could require motion by the alternate quite than the person consumer. The Lituus Basis has been working with exchanges to help migration on behalf of their customers. Kraken has confirmed help; different exchanges haven’t, and holders mustn’t assume help until their alternate states it explicitly. Present exchange-support standing is maintained at v3.augur.web/#exchange-support.
Trade help could change throughout the migration interval. Holders who can’t affirm help ought to withdraw their REP to a self-custodied pockets and full the migration instantly.
Why the fork issues
Prediction-market platforms finally depend upon a decision course of to find out which final result occurred and the place funds ought to be paid.
Many techniques depend on firms, committees, token votes, multisigs or discretionary intervention. Augur was designed round a special mannequin: an open financial course of through which members can problem an final result and are financially rewarded for defending the end result the broader market acknowledges as true.
When a dispute reaches the fork stage, REP separates into tokens related to every potential final result. Holders determine which universe will carry the protocol’s future financial exercise by migrating into it.
The design shifts the safety query away from whether or not a sufficiently rich attacker can briefly affect a vote. As a substitute, it asks whether or not an attacker is keen to accumulate and sacrifice sufficient REP to help a false universe that customers, builders, and liquidity suppliers could subsequently abandon.
Demonstrating the mechanism behind Augur’s subsequent chapter
The Moon Fork is testing Augur v2’s dispute structure. Future implementations will differ from the unique system, however the stay train demonstrates the escalation-and-fork sample underpinning Augur’s persevering with oracle analysis.
That work consists of Augur Lituus, a proposed modular decision layer designed to permit prediction markets and different functions to outsource disputed real-world outcomes to an open, economically secured oracle.
The Lituus Basis is funding continued work on Augur’s decentralized decision infrastructure. The prediction-market platform underneath growth via the separate Darkish Florist workstream is anticipated to help the branches created via the fork, quite than the legacy unmigrated REP token.
The stay migration offers a sensible demonstration of Augur’s core thesis: a prediction market mustn’t depend upon any single occasion having the authority to declare what occurred.
Necessary migration data
Migration deadline: August 1, 2026
Migration ratio: 1:1
Migration standing: Obligatory for holders who wish to stay a part of the energetic Augur ecosystem
Migration route: One-way and irreversible
Migration portal: 6.augurfork.eth.limo/#/migration
Holders ought to seek the advice of the official migration interface and Augur channels for the most recent technical directions and exchange-support updates.
About Augur
Augur is a decentralized prediction-market and oracle mission initially constructed on Ethereum. Its dispute system makes use of open participation and financial incentives, with algorithmic forking as a closing backstop, to resolve contested real-world outcomes.
In regards to the Lituus Basis
The Lituus Basis stewards the revival and continued growth of Augur. The Basis helps open-source growth carrying Augur’s oracle analysis and engineering ahead.
