[[ Our Work On Augur ]]
Augur has always represented a bold idea: A decentralized oracle system that lets anyone ask and resolve questions about the future — without trusted intermediaries. In 2025, the Lituus Foundation began rebooting Augur from the ground up, adapting its core ideas to a radically changed crypto landscape. Here's how our journey has unfolded so far:
[[ The Reboot Timeline ]]
The Augur Reboot
Foundation Reset
We officially announced the reboot of Augur under the guidance of the newly formed Lituus Foundation. Our immediate priorities included:
- Rebuilding infrastructure after years of project dormancy
- Restoring confidence in the REP token by acquiring a significant treasury stake
- Establishing clear direction for the oracle mechanism and community governance
This marked the beginning of a deep research and development phase, focused on both game-theoretic soundness and practical usability.
Generalized Augur
A Cross-Chain Decentralized Truth Machine
After early architectural planning, we recognized a key opportunity: Augur's oracle mechanism could be separated from prediction markets and offered as a standalone service.
This vision became Generalized Augur — a universal, permissionless oracle protocol where:
- Any user or application can pay a fee to request the resolution of any well-specified question
- The outcome is settled using Augur's upgraded fork-and-escalation resolution process
- Results can be posted to any EVM-compatible chain via bridging mechanisms
This was a major conceptual expansion — from a niche oracle for a specific prediction market to a modular, cross-chain truth layer for Web3.
Augur's Revival
Q1 and Beyond
Three months into the reboot, we published our first comprehensive progress report. Key updates included:
- REP treasury growth: From ~250k to over 550k tokens under Foundation stewardship
- DEX liquidity provision: Over $100,000 deployed on Uniswap V3 to support token utility
- Community and ecosystem building: Participation in major crypto events, dev outreach, and Discord engagement
R&D milestone: Paused implementation of a prototype (AugurCP) after discovering a critical game-theoretic vulnerability. We're now conducting deeper oracle security research before proceeding.