Every Augur Lituus answer follows the same four steps. This guide follows one example question from the moment it’s asked to the moment an application can use the answer.
Has room-temperature superconductivity been independently demonstrated at ambient pressure?
8 Sep 2027, 00:00 UTC
YESNOInvalid
A question opens
Anyone can ask a multiple-choice question and pay a fee in REP. The fee funds a reward for reporting the right answer, and the reward grows the longer the question waits.
Query opened · fee paid15 REPReport what happened
Stake REP equal to the fee on the outcome you saw. Until its appeal period ends, anyone can challenge it.
Report · YES15 REP bondChallenge a wrong answer
Think a report is wrong? Stake double its bond on the right outcome. Each challenge doubles the bond again and restarts the appeal period.
Challenge · NO30 REP bondGet paid when it's final
When an appeal period ends without a new challenge, the latest answer is final. Winners are paid, and apps act on the answer.
Final answerNO
Terms in this guide
All key terms →- REP
- Reputation: the token that secures Augur’s oracle.
- Report
- A proposed answer to a question, backed by a REP bond.
- Bond
- REP put at risk behind an answer. Wrong answers lose most of their bond to the winners.
- Challenge
- A different answer posted with a larger bond. It reopens the question.