Reporting and challenging are optional
Each one puts a bond at stake: being right pays, being wrong costs.
Report
Back an answer with a REP bond. If no one challenges it, you get the bond back plus part of the query fee.
Challenge
Post double the bond against a wrong answer. If yours holds, you also win most of theirs.
Risk
If your answer is overturned, you lose the bond. Most of it goes to whoever was right.
Proposed rules for Augur Lituus, which is in development.
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.
- Challenge
- A different answer posted with a larger bond. It reopens the question.
- Bond
- REP put at risk behind an answer. Wrong answers lose most of their bond to the winners.