Why?
By design, when Augur forks all REP holders are required to declare what they believe to be true. This significantly increases the cost to attack Augur. Doing anything other than voting how future Augur customers would want you to vote will result in a complete loss of funds.
Augur is forking before the next version for three reasons:
- To learn from and improve the forking experience.
- To verify the incentive mechanisms work as theorized.
- To increase security by removing the portion of REP holders that would fail to respond should an attack happen.
When?
| If you… | You can take action after | The last day this will happen between |
|---|---|---|
| migrate early (40% ROI) | April 8ᵗʰ – May 12ᵗʰ | June 4ᵗʰ – June 11ᵗʰ |
| migrate late (1:1 conversion) | June 4ᵗʰ – June 11ᵗʰ | August 2ⁿᵈ – August 10ᵗʰ |
Moon Fork Migration Guide
0. Consolidate your REP on Ethereum mainnet
If your REP is not on Ethereum (exchanges, L2s), send it to your Ethereum address.
Sometimes wallets will not automatically detect your REP. You can manually add tokens by pasting the token address:
- REPv2 —
0x221657776846890989a759ba2973e427dff5c9bb - REPv1 —
0x1985365e9f78359a9B6AD760e32412f4a445E862
If you have REP in multiple places, send it all to a single Ethereum address on the original Ethereum. Don’t forget REP you might have on Layer 2, Coinbase, or other exchanges. You must own your Ethereum address — an Ethereum address is yours if you have the private key.
1. Open the migration site
Go to https://6.augurfork.eth.limo/.
2. Connect your Ethereum wallet
3. Convert any remaining REPv1 to REPv2
Make sure the page says “You have 0 REPv1”. If not, convert all REPv1 into REPv2.
4. (Optional) Early Migration
- Early migration is only available from April 8ᵗʰ to early June.
- The system pays a 40% return for early migration to the correct outcome.
- This return comes from the penalty paid by reporters who migrate to a different outcome. The 40% return was funded by crowdsourced donations.
- Early migration comes with one small risk compared to late migration: if less than 3.33% of the REP supply migrates to the same outcome as you, a different outcome will win and you will lose all REP.
- Early migration is limited to the first 367,000 REP.
- You may have to check the page multiple times on different days to make it into a round before it fills. It is easiest to make it in near the end — around 75% of early migration happens during the last several days because the migration limit grows exponentially.
- If you want to participate, check the reporting page each day until it allows you to migrate to the correct outcome. If you are not able to select an outcome, the yellow note at the top will tell you how long to wait.
5. Wait until June 11ᵗʰ
Augur will have forked by this date, enabling unlimited migration. You will have until August 1ˢᵗ to migrate or sell your REP before it becomes worthless — possibly up to 10 days longer.
6. Open the migration page
Go to the migration page.
7. Migrate all REPv2 to the correct outcome
Select the correct answer to the Augur market “Will the Artemis II Mission successfully liftoff in the first week of April?”. The correct answer is the one that will result in a more valuable REP token, which is usually the truthful answer.
If you are unsure what to pick, research and debate on the Augur Discord. If you select the wrong answer, you should expect to receive a different REP token that has no value.
8. Verify the new token
After the migration is complete, verify you hold the new token REPv2_1 in your wallet.
9. If you only did late migration, you are done
There are no further steps. Assuming you migrated to the correct universe, the tokens you received will be used for both Augur Lituus and Augur Zoltar.
10. If you did early migration, claim your bonus
Return to the migration page.
11. Redeem fork disputes
Refresh possible claims, check all boxes, then redeem fork disputes. This will give you 140% of your early migration REP. You are done when no boxes are left to check and you have additional REPv2_1 in your wallet.
For additional help, visit the moon-fork channel on the Augur Discord server or read The Augur Fork Is Here.