Augur in 3 Steps:
Pick an Event
Anything is fair game, from elections to crypto prices. Can’t find what you’re looking for? Create your own market with just a few clicks…
Buy and Sell Shares
Buy shares to go long on an outcome, or sell shares to go short. Trade your shares whenever you like or wait for the outcome to resolve.
Claim Your Winnings
Your shares of the winning outcome reward you with a payout when the outcome resolves, sent straight to your Ethereum wallet.
Augur By Definition:
Augur is a decentralized oracle and peer to peer protocol for prediction markets. This all while being free, public, open source software, portions of which are licensed under the General Public License (GPL) and portions of which are licensed under the Massachusetts Institute of Technology (MIT) license. Its is a set of smart contracts written in Solidity that can be deployed to the Ethereum blockchain.
Augur is a protocol, freely available for anyone to use however they please. Augur is accessible through a desktop client app, similar to interacting with an Ethereum or Bitcoin node. Users of the Augur protocol must themselves ensure that the actions they are performing are compliant with the laws in all applicable jurisdictions and must acknowledge that others’ use of the Augur protocol may not be compliant. Users of the Augur protocol do so at their own risk.