FAQ // FORK & MIGRATION
Augur is going through its first algorithmic fork. If you own REP, you must act — failing to migrate your tokens within the window will likely render them worthless. This page answers the most important questions.
What is happening?
I OWN REPV2. WHAT IS HAPPENING?
Micah Zoltu, an Augur community member, has raised funds to trigger a fork over whether the Artemis II mission successfully lifted off (it did). As part of this fork, Augur will create new tokens for each outcome, and REP holders must choose which token to migrate their REP to.
Learn more:
WHY IS AUGUR FORKING?
Forks are part of Augur's design. They happen when there is a major dispute. This fork is an intentional test of Augur's core mechanism.
WHAT IS A "FORK" IN SIMPLE TERMS?
The system splits into multiple versions (called universes). You must choose the correct one by moving your REP.
Timeline
WHEN DOES THE FORK START AND END?
Start: April 8
Escalation Game (Phase 1): ~2 months
Migration Window (Phase 2): ~2 months
Total duration: ~4 months
WHEN DO I NEED TO TAKE ACTION?
Action is only required during the Migration Window (Phase 2). Participation in the Escalation Game (Phase 1) is optional.
Required Action
WHAT HAPPENS DURING THE ESCALATION GAME (PHASE 1)?
People can dispute outcomes by staking REP in an escalation game, where each round requires a larger stake on opposing sides. If you back the correct outcome, you earn a return from those on the losing side (up to ~40% in this test). Participation is optional.
WHAT HAPPENS DURING THE MIGRATION WINDOW (PHASE 2)?
The fork occurs, splitting Augur into multiple universes, one for each outcome. REP holders must migrate their tokens 1:1 to the universe they believe is correct, receiving the new token that reflects where they believe future usage and value will remain. The true universe retains value, while the others become worthless — this is to make attacks economically costly.
WHAT HAPPENS IF I DON'T MIGRATE?
Your REP will remain in an old version that no one uses. It will likely have no value.
WHAT HAPPENS IF I MIGRATE TO THE WRONG UNIVERSE?
Your REP will likely become worthless, since that universe will not be used going forward.
HOW DO I MIGRATE?
You will use the tool at 6.augurfork.eth.limo. A step-by-step guide will also be provided.
Tokens
WILL THERE BE A NEW REP TOKEN?
Yes. Future Augur development will continue on the token corresponding to the truthful outcome.
WILL THE OLD REP TOKEN STILL EXIST?
Yes, but it will likely have no value or use.
WILL MY TOKEN BALANCE CHANGE?
No. You will have the same number of REP tokens after migration. However, tokens that are not migrated will be left behind, so active holders will represent a larger share of the total supply.
REPv1 Holders
I OWN REPV1. WHAT SHOULD I DO?
Convert it to REPv2 using the migration tool at 6.augurfork.eth.limo. Then follow the fork migration steps.
CAN I SKIP REPV2 AND GO DIRECTLY TO THE NEW TOKEN?
No. You must go through REPv2 first.
Exchanges
MY REP IS ON AN EXCHANGE (KRAKEN, GATE). WHAT SHOULD I DO?
WHAT HAPPENS IF I LEAVE MY REP ON AN EXCHANGE?
If the exchange does not support migration, you may end up holding a worthless version of REP.
Safety & Process
IS MIGRATION REVERSIBLE?
No. Once you migrate, it cannot be undone.
IS THERE A DEADLINE?
Yes. You only have the ~2-month migration window.