Augur Weekly Report — February 20th – Augur

Augur Weekly Report — February 20th – Augur – Medium

Development Update:

In the last week the dev team has been cranking away on issues for the Angry Artichoke milestone. The team is still working on the major initiatives described last week, and some really good progress has been made in all areas. The current plans should give us solid footing on UI redesign tasks as well as finalizing major portions of Augur V2 development over the next few weeks.

Product / Design

The design team has finished the new designs for the upcoming Account and Portfolio pages. The goal of these pages will be to communicate a users’ position, their current risk, and allow them to interact with important parts of the system in a consistent way. This work was immediately handed off to the UI Dev team for implementation. Beginning this week Design has started focusing on the reporting user-experience design. Over the next sprint they will continue working on reporting pages, as well as verifying current designs for mobile and making changes as needed.

UI Development

The UI team focused the first half of this sprint on finishing up tasks for the Trading page redesign. This includes some exciting items like brand new charts for profit and loss and price history. Work on the trading page has been almost fully completed, and most of the team has moved on to implementing new re-usable components that will be used to put together all redesigned pages.

Middleware / Backend

The middleware and backend teams have been continuing development on their efforts to make an in-browser state component design to replace the Augur Node server. In the last week they’ve sketched out a large amount of the overall design, including exactly how we will store and index data, and how to handle reorgs efficiently while keeping the application responsive. For reliability this comes with a whole new testing framework from the start so all new development is supported by new tests.

Contracts

The contracts team and game theorists are continuing the tasks laid out for Augur V2. During the last week three major code changes have been submitted and are still in first level review. These changes include exciting new features like fast resolution and the ability to update orders.

Published at Thu, 21 Feb 2019 05:43:08 +0000

February 20, 2017

Why Toronto (and Other Cities) Inflate Housing Bubbles to the Bitter End

wolfstreet.com / by Wolf Richter / Feb 20, 2017

To delay falling into a fiscal and financial sinkhole.

“Let’s drop the pretense. The Toronto housing market and the many cities surrounding it are in a housing bubble,” Bank of Montreal (BMO) Chief Economist Doug Porter told clients in a note last week.

Many have called it “housing bubble” for a while, but now it’s official, according to BMO. In January, the benchmark price and the average price were both up 22% year-over-year, with the average price of detached homes up 26%, of semi-detached homes 28%, of townhouses 27%, and of condos 15%. Double-digit price increases have become the rule in recent years.

But this jump was “the fastest increase since the late 1980s – a period pretty much everyone can agree was a true bubble – and a cool 21 percentage points faster than inflation and/or wage growth,” Porter explained in his note, cited by BNN.

Home prices in Greater Toronto have become “dangerously detached” from economic fundamentals and are soaring simply on the belief that they will continue to soar, he wrote. “The market is far too hot for comfort.” BNN: