REP makes lying expensive.

REP (Reputation) is Augur’s token. Every Augur Lituus answer has REP staked behind it: back a wrong one and you lose your bond, mostly to whoever was right. Holding REP never requires you to take part.

REPv2_Yes_1

Reputation · listed as AUGUR

Current
Chain
Ethereum mainnet
Chain ID
1
Decimals
18

Contract address

0xCf6A0A7826fa124B7705d6f3c675eAD76f1e540D

View on Etherscan

Augur Lituus is being built around this token. Address checked on Etherscan, 19 October 2026.

Lying gets more expensive every round

Anyone can report what happened, and anyone who disagrees can challenge. Every challenge doubles the bond, so keeping a false answer standing costs more each round, until every REP holder decides.

Report

15 REPon YES

Someone stakes a bond equal to the question’s fee on what happened.

Challenges

30 REPon NO
60 REPon YES
120 REPon NO
240 REPon YES
…and on

Anyone who disagrees stakes double on a different outcome. Each challenge doubles the bond again and restarts the appeal period.

Fork

Fork thresholdA set shareof all REP

If the next bond would pass the fork threshold, the question goes to every REP holder.

When an appeal period ends with no new challenge, the latest answer is final. Whoever backed it gets their bond back plus 80% of the losing bonds; the other 20% is burned.

Taking part is optional

Holding REP asks nothing of you day to day. Rewards go only to people who report or challenge, and only when their answer holds.

Hold

Keep your REP.

You stake
NothingYou never have to report or challenge.
You get
No rewardsHolding alone earns none.
You risk
Only in a forkMove your REP to a new universe, or it loses its value.What happens in a fork

Report

Say what happened.

You stake
15 REPA bond equal to the question’s fee.
You get
+2.5 REPand your bond back, if no one challenges.
You risk
15 REPYour whole bond, if the answer is overturned.

Challenge

Correct a wrong answer.

You stake
30 REPDouble the bond, on a different outcome.
You get
+12 REP80% of the bond you overturned, and your bond back, if your answer holds.
You risk
30 REPYour whole bond, if your answer is overturned.

Figures follow the whitepaper’s own example, a 15 REP fee. The reward rises from 0 REP until someone reports, up to the whole fee. These are the proposed rules: Augur Lituus is in development. Augur Lituus whitepaper

See how taking part works

If a fork happens

A fork is the last resort, and the one time holding REP asks something of you: move your REP to the universe you believe reflects reality, or it loses its value.

  1. A bond reaches the fork threshold

    Challenges have doubled the bond until the next one would pass a set share of all REP.

  2. The universe splits

    One new universe is created for each possible answer, each with its own REP. Other open questions start reporting again there.

  3. You move your REP

    Move it to the universe you believe reflects reality. Moving is one-way, and the whitepaper proposes a two-week window. REP you don’t move loses its value.

  4. The most-backed universe wins

    The universe that receives the most REP settles the answer, and the original contracts follow it.

Illustration: most REP moves to one universe.

Augur v2 · 2026

The Moon Fork

Augur v2’s fork mechanism had its first live run over whether Artemis II had lifted off. It had: REP holders migrated to the universe they backed, and Yes won.

  1. 8 AprChallengesAbout 8 weeks
  2. Early Jun – 3 AugMigration window60 days

Augur v2’s rules differ from the proposed Augur Lituus rules: its window was 60 days.

Read the Moon Fork report

Which REP do you hold?

Since the Moon Fork there’s more than one REP, and only one is current. Check the contract address, not the name or ticker.

  1. REPv1

    Legacy
    What it is
    The original REP, from Augur’s first version.
    If you hold it
    It isn’t used by Augur v2 or Augur Lituus.
  2. REPv2

    Legacy
    What it is
    Augur v2’s REP, in the universe that forked in 2026.
    If you hold it
    If you didn’t move it during the Moon Fork, it stays there. The window closed on 3 August 2026 and can’t be reopened.
  3. Moon Fork · 3 August 2026 REPv2 split into one REP per answer.

  4. REPv2_Yes_1

    Current
    What it is
    The REP of the Moon Fork’s winning universe. Augur development continues on it, and Augur Lituus is being built around it.
    If you hold it
    Some exchanges list it as AUGUR. Contract 0xCf6A…540D
  5. REPv2_No_1

    Other universe
    What it is
    The REP of the Moon Fork’s No universe, separate from Yes.
    If you hold it
    Augur development continues on REPv2_Yes_1, not here.

Questions about REP

What role does REP play?

REP secures Augur's oracle. Participants back answers and challenges with REP bonds, and if a dispute reaches a fork, holders migrate their REP to the universe they believe reflects reality. Augur Lituus is being built around REPv2_Yes_1, the REP that migrated to the winning universe in the Moon Fork.

Do I earn anything just for holding REP?

No. Rewards go to people who report or challenge, and only when their answer holds. Holding asks nothing of you, except in a fork: then you need to move your REP to a new universe, or it loses its value.

Compare holding and taking part
Is AUGUR the same token as REPv2_Yes_1?

Yes. REPv2_Yes_1 is the token's symbol on Ethereum and Reputation its on-chain name. Some exchanges list the same token as AUGUR. The contract address is what identifies it.

See the contract
Why doesn't my wallet show my REP?

Many wallets don't detect REPv2_Yes_1 on their own yet. You can add it as a custom token with its contract address, 0xCf6A0A7826fa124B7705d6f3c675eAD76f1e540D, and check your balance on Etherscan.

REPv2_Yes_1 on Etherscan
I didn't move my REP in the Moon Fork. Can I still?

No. The fork contract enforced the deadline of 3 August 2026, so the window can't be reopened or extended, and no one can migrate for you. Anyone who offers to is running a scam.

Moon Fork report
Why would REP holders choose the honest fork?

Because the design ties REP's value to demand for truthful answers. If applications and users keep choosing an honest oracle, REP on a dishonest fork loses that demand. This is an assumption of the design, not a guarantee.

Read the whitepaper