Decentralized prediction market platform Augur schedules its v2 launch for early June

Decentralized prediction market platform Augur is set to launch its second version on the Ethereum network in early June.

As previously explained, Augur v2 will introduce new features including a DAI-denominated token, a token standard upgrade from ERC20 to ERC777 and a new mechanism to address the risk of invalid markets.

In a Thursday blog post, Augur announced that v2 is scheduled for deployment during the first weeks of June. The company has also extended the v1 cutoff date to May 15th. During the window in between, users can keep creating markets using the UI. 

“When v2 is deployed, all current token balances must be migrated to a new REP token contract,” the blog post stressed. “We will soon be sharing details for exchanges and individuals to manage the migration process, so please hang tight.”

Right now, the team is focused on further improving the Augur UI, conducting end-to-end testing of its smart contracts and preparing for its integration with Uniswap v2, which is also expected to launch in Q2. 

“We are in communication with the Uniswap team and will gauge their launch situation to determine the best course forward,” said the blog post.

Meanwhile, users can participate in Augur v2’s ongoing bounty program to identify vulnerabilities in its smart contracts.