1H
0.07%$0.0006
24H
-0.05%$0.0004
7D
4.71%$0.0362
30D
-13.4%$0.1246
Augur is an open-source, decentralized, peer-to-peer prediction market platform built on Ethereum. People trading on Augur are rewarded if they bet on the right outcomes. The idea is to use markets in order to predict outcomes. The feature of Augur is tradable tokens called “Reputation” Augur (REP). The total amount of reputation is fixed at 11 million coins when it was launched in August 2015.
There are a lot of talks that today the traditional centralized finance system can’t satisfy all the currently existing demands. But are there any other options? In this guide, we will tell you about DeFi, its decentralized counterpart.
The guide introduces you to The Graph (GRT) – an Ethereum-based marketplace that powers many of the most used dApps in the DeFi and broader Web3 ecosystem.