Augur,theplatformpoweredbythepopularcryptoassetREP,issoontoupdateitssoftware.
ThisTuesday,July28,2020,Augurwillbereleasingthesecondversionofitspredictionmarketplatform.FirstannouncedlastApril,Augurv2willallowuserstobuyandsellsharesofeventoutcomesusingtheDAIstablecoin,amongahostofothermuch-requestedfeatures.
WhilenoimmediateactionisrequiredbyKrakenclientswhoownREP,thismigrationhasimportantimplicationsofwhichtheymaywanttobeaware.
DuetothedecentralizednatureoftheAugurplatform,theAugurv1softwarewillcontinuetooperatealongsideAugurv2indefinitely.Further,usersoftheAugurv2softwarewillneedtomanuallyupgradetheirREPtokenstonewREPv2tokensinordertousethenewplatformManualupgradescannotbedoneonKraken’sexchange,soclientswantingtomigrateREPtoREPv2canfollowmoredetailedinstructionshere.Inlinewiththisupdate,KrakenwilladdsupportforREPv2startingAugust4th,atwhichtimeclientswillbeableto:
BuyandsellbothREPandREPv2TradeREPandREPv2forUSD,EUR,XBTandETH.DepositandwithdrawbothREPandREPv2fromtheiraccounts.AsthisisexpectedtobeamigrationbetweenthetwoAugursoftwareversions,KrakenwilldiscontinuesupportfortheREPcryptocurrencyatalaterdatetobeannounced.
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