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Questions tagged [reporting-fee]

System used to ensure reporters get paid proportional to outstanding interest in augur. In practice this puts upward pressure on REP prices such that Augurs market caps remains above a certain multiple (5x subject to change) of Augurs outstanding open interest.

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57 views

How do I know if I will pay settlement fees when I close my position?

From my understanding, settlement fees are due when a market is resolved or a so-called complete set is sold. This means when shares are traded in a binary market for the first time, an equal amount ...
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1answer
82 views

What is the expected reporting fee in the long run after the market speculation phase?

I am interested in the reporting fee in the long run. What are reasonable assumption in order to calculate it? This is what I came up with: Assuming that there is no speculation happing, then fees ...
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1answer
64 views

Average time period for funds to be held in escrow? As it pertains to determining O.I

It has been covered extensively by Augur team (especially Micah) that Augur Reporting Fees will be adjusted to incentivize total REP market cap that is =>7.5x Open Interest, which as I understand ...
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2answers
165 views

As a rep holder shouldn't I always use my rep to buy participation tokens rather than create/report?

If I am looking to profit as a rep holder, I can either create a market and designate myself as a reporter or use that same rep to buy participation tokens. As a participation token holder I receive ...
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1answer
352 views

What is the link between dynamic Reporter fees and REP price?

I've seen that the reporter fee is dynamic and proportional to the amount of open interest in the system, but the deterministic link between REP price and fees remains unclear. For example, if open ...
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1answer
92 views

Why are reporting fees aggregated by reporting window instead of by market?

It seems simpler and intuitively makes more sense if reporting fees are paid out to reporters who report on the market, rather than to reporters who report on other markets. Why do reporting fees ...
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1answer
694 views

Where does the 5x multiplier on open interest come from?

Augur's reporting fee system is designed to put upward price pressure on REP such that the REP market cap remains at least 5x larger than Augur outstanding interest. What is the reasoning between 5x ...
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1answer
165 views

How much work will REP holders have to do?

How is the reporting work divided among REP holders? I assume that it will be proportional to the REP tokens a person holds. For example, if I hold 2 tokens I'll have to do twice the work as a person ...
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1answer
381 views

What are the actual mechanics of the new fee structure?

Joey outlined the new fee structure in an answer yesterday, saying that the fees will adjust automatically so that the REP market cap is 5x outstanding interest on the Augur platform. Can you explain ...
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2answers
842 views

Calculate the future value of REP tokens

Is it possible to calculate the future value of a REP token on the basis of an estimated betting volume and average reporting fee? E.g. 1.000.000.000$ yearly betting volume with an average 0.5% ...
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1answer
1k views

How does the fee structure work in Augur?

How are the fees currently set in Augur for both reporters and market creators? When are they charged? Does the market creator still get half of the fees and the reporters get half of the fees? Are ...
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2answers
1k views

What are average fees on Augur?

I'm writing a full analysis of Augur and REP tokens, and value comes down to two things-- market volume and market fees. Volume can be estimated in various ways, but I'm curious about calculating ...