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Augur will introduce AugurDAO by using DXdao structure

November 18, 2021
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On November 19th, Augur, a decentralized prediction market protocol, announced that it would introduce AugurDAO. However, it will manage and predict the market. Collaboration with Omen’s decentralized autonomous organization DXdao.

And use the DXdao structure to build AugurDAO. But governance will be driven by REPv2 holders.

Augur plans to vote for the smart contract supporting the DAO at the end of November 2021. Auditing and is currently under development.

The DXdao Forum will put forward a proposal to discuss DXdao’s support for AugurDAO and details of the partnership. In addition, Augur Discord is currently completely operated by community volunteers.

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