ETHERLive delivers real-time price and volume data across 16+ exchanges to users in a clear and easy-to-understand package. Users can get up-to-the-second updates for each exchange/currency pair, as well as aggregated market averages for each exchange, currency, and the market as a whole. It also provides a global converted average of all the currency pairs monitored by ETHNews, converted to USD.


24hr ---

The Basics

Learn the basics of Ethereum and various cryptocurrency technologies

Learn More

What is Ethereum?

Understand the underlying principles of the Ethereum Platform

Learn More

The Blockchain

Discover the revolutionizing technology known as the blockchain

Learn More

Press Release

Submit a press release for consideration on ETHNews

Submit Press

Story / Dapp

Submit a story or DAPP to be considered for publication on ETHNews.

Submit Story


Submit "Ethereum Explainer" content for consideration to be featured on ETHNews

Submit Topic
ETHNews Logo
Ether Price Analysis
Contact Us

Distributed Digest: Thursday, January 24, 2019




Kyber introduces its Automated Price Reserve, Guesser will soon go live on mainnet, and the first Aragon governance proposal vote is underway.

Your daily distillation of crypto news for Thursday, January 24, 2019:

Kyber's New Reserve Type

Yesterday, engineer Anton Buenavista posted on Medium that Kyber has developed the Automated Price Reserve (APR) to further grow its reserve network. The APR was designed to allow entities with larger token holdings, such as token teams, to provide liquidity to the Kyber ecosystem without needing to invest in extensive technical resources.

The company's first reserve type, the Fed Price Reserve, was created to enable groups to bootstrap liquidity on Kyber. However, managing a Fed Price Reserve requires maintaining an off-chain server to push prices on-chain, a process that involves a steep learning curve and high development costs. Unlike the Fed Price Reserve, though, the APR calculates conversion rates via an EDCC (aka smart contract), which means teams can circumvent the above costs.

Kyber admits, however, that the APR comes with a trade-off: Liquidity providers will not have as much control over the pricing algorithm due to the contract's automated rate conversion. Further, although the APR does not require the same maintenance costs associated with the Fed Price Reserve, there are higher upfront costs due to the inventory of Ether and tokens necessary to perform such automated market making.

Guess Who?

The team behind Guesser, the forthcoming interface for Augur prediction markets, tweeted that its platform will launch on mainnet on Tuesday, January 29. The initial release will only be open to the first 1,000 signups.

Guesser aims to simplify prediction markets. The team maintains that non-technical users will be able to buy and sell outcomes with only three clicks.

However, it's best for users to research whether Augur and other prediction market sites are legal to use in their jurisdiction – and for what purposes.

Aragon Governance to the Max

The first vote under the recently ratified Aragon governance proposal process began on January 24 at midnight UTC. Holders of Aragon's native token, ANT, can vote yes or no on nine Aragon governance proposals (AGPs) for 48 hours, after which the results will be locked on the Aragon voting app.

This vote comes after an almost two-month period wherein community members could submit AGPs for consideration. Twelve proposals were originally submitted, though the Aragon Association only approved nine of them. The Aragon team assures token holders that participating in the vote will not transfer any ANT from their wallets.

Dani Putney

Dani is a full-time writer for ETHNews. They received their bachelor's degree in English writing from the University of Nevada, Reno, where they also studied journalism and queer theory. In their free time, they write poetry, play the piano, and fangirl over fictional characters. They live with their partner, three dogs, and two cats in the middle of nowhere, Nevada.

ETHNews is committed to its Editorial Policy

Like what you read? Follow us on Twitter @ETHNews_ to receive the latest Kyber, Automated Price Reserve or other Ethereum technology news.