Seer - An Augur v2 Oracle Commemorative
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The prescient of the world have come forward, harnessing their visions of the future into the collective power of the Augur oracle.
Augur uses a communal system driven by incentives to resolve the outcome of markets.
Users stake Reputation (REP), Augur's native token, on the outcome they believe to be correct.
Users that dispute honestly in favor of a market's correct outcome, defined as the outcome that future users of the platform will believe to be correct, earn additional REP. Those that dispute in favor of an incorrect outcome lose REP.
This communal, incentivized process is sometimes referred to as the “Augur oracle.” An oracle is any mechanism for bringing real-world information onto a blockchain. In the case of Augur, the oracle tells the blockchain what outcome occurred and thus how a market should resolve.
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Seer 5/100
A CryptoHydrate and SneakrCred Collaboration
Rodeyo
