Build long term markets using Anchor USD (stablecoin with a 20% yield)

Augur should build long term markets that use Anchor USD. This algorithmic stable coin (assuming the algorithm works!) provides a 20% APR yield.

While this would be useful for short-term markets as well (earning 1.5% in a month is great), it’d be very useful for long term markets like: Who will win the US 2024 presidential election? Will Biden finish his term? Will we discover aliens? Will anyone create a Mars colony? What global change in temperature (or CO2 levels) will there be by 2050? Will China be a democracy in 2050?

In addition, Augur might qualify for ecosystem funding from the Terra network: