Lituus Foundation Funds Dark Florist Team for Augur Mainnet Development

**Augur is approaching a major milestone** after six months of intensive development work. The decentralized oracle protocol is finalizing its design and preparing for release. **Key developments include:** - Design phase nearing completion - Experimental algorithmic fork in preparation - Positioning as infrastructure for growing prediction markets The project aims to serve as the **"picks and shovels"** infrastructure layer for the expanding prediction market ecosystem. This positions Augur as essential backend technology rather than a consumer-facing platform. **The algorithmic fork experiment** represents a significant technical milestone that could influence how crypto protocols handle upgrades and governance decisions. With prediction markets gaining traction across the industry, Augur's oracle services could become critical infrastructure for accurate price feeds and market resolution. Read the full Q2 progress report: [Augur's Rising Q2 Update](https://medium.com/@lituusfoundation/augurs-rising-q2-update-aa770c5b205a)

**Micah Zoltu has launched a crowdsourcer** that could trigger Augur's first-ever fork - a mechanism designed to resolve disputes when the community disagrees on truth. **How Augur forks work:** - When disputes escalate, the system can split into two versions - REP token holders vote with their tokens to decide which version represents truth - This makes REP an active governance asset, not just a passive investment **Why this matters:** Augur's fork mechanism is its ultimate dispute resolution tool. If successful, this would be the first real-world test of the system's ability to handle major disagreements through economic incentives rather than centralized authority. The crowdsourcer represents a **reminder that every REP holder has responsibility** in maintaining the network's integrity and truth-finding mission. [Learn more about the fork attempt](https://medium.com/@lituusfoundation/micahs-augur-fork-0a1494868d97)

**Ethereum**, the pioneering blockchain platform that introduced smart contracts and decentralized applications, marks its **10th anniversary** this July. The network has evolved from its initial vision outlined in Vitalik Buterin's whitepaper to become a cornerstone of web3 infrastructure, supporting: - Thousands of decentralized applications - DeFi protocols managing billions in assets - NFT marketplaces and digital communities - Layer 2 scaling solutions The platform's transition to Proof of Stake in 2022 marked a significant milestone in its sustainability journey. *Join the celebration by exploring Ethereum's journey at [ethereum.org](https://ethereum.org)*

The Lituss Foundation has released Augur's Q1 2025 progress report, highlighting significant developments since their roadmap announcement in April. Key achievements: - Enhanced research initiatives - Improved liquidity metrics - Expanding ecosystem partnerships The report follows January's reboot announcement and demonstrates faster-than-expected protocol adoption. Full details available in the [Q1 update](https://medium.com/@lituusfoundation/augurs-revival-q1-and-beyond-f76d48b1cc07). Want to get involved? Check out the [2025 roadmap](https://medium.com/@lituusfoundation/augur-reboot-2025-340321e3fce2) for upcoming milestones.

The 2020 Trump re-election market on Augur marks a significant milestone as one of the platform's final major prediction markets. Key developments include: - Over $10M in open interest, setting a platform record - @catnip_exchange integration featuring: - Tokenized outcome shares - Balancer AMM implementation - Custom user interface for streamlined trading This comes as prediction markets see increased activity, with competitor Polymarket reporting record-high trader participation and betting volumes during the current U.S. election cycle.