On Monday, July 9, the platform for creating peer-to-peer prediction markets, Augur, will move tokens for new smart contracts.
REP migration is planned to begin at 11:01AM PT tomorrow, July 9th. At that time, the current REP contract will be frozen indefinitely. The migration will take place over the rest of the day.
— Augur (@AugurProject) July 9, 2018
In the process of launching of the new primary network, the current smart REP contract will be frozen, and the balances on the accounts will automatically be moved to the new one. It is planned that the update will take a few hours.
The platform management stressed that users of decentralized exchanges are required to withdraw their assets to other platforms before 18:01 UTC.
It is necessary to remind that Augur is the most complicated project on the basis of ERC-20 since it is written on a hundred smart contracts.