Decentralized prediction market platform Augur is about to launch its second model on the Ethereum community in early June.
As beforehand defined, Augur v2 will introduce new options together with a DAI-denominated token, a token normal improve from ERC20 to ERC777 and a brand new mechanism to deal with the chance of invalid markets.
In a Thursday weblog put up, Augur introduced that v2 is scheduled for deployment in the course of the first weeks of June. The corporate has additionally prolonged the v1 cutoff date to Might 15th. Through the window in between, customers can maintain creating markets utilizing the UI.
“When v2 is deployed, all present token balances should be migrated to a brand new REP token contract,” the weblog put up burdened. “We are going to quickly be sharing particulars for exchanges and people to handle the migration course of, so please hold tight.”
Proper now, the group is targeted on additional bettering the Augur UI, conducting end-to-end testing of its good contracts and getting ready for its integration with Uniswap v2, which can also be anticipated to launch in Q2.
“We’re in communication with the Uniswap group and can gauge their launch state of affairs to find out one of the best course ahead,” stated the weblog put up.
In the meantime, customers can take part in Augur v2’s ongoing bounty program to establish vulnerabilities in its good contracts.