9.4 Augur

Strengths:

• True decentralization

• Established track record

• Multi-outcome support

• Decentralized oracle (REP staking)

Weaknesses:

• Ethereum gas costs ($5-$50 per trade)

• Complex UX (high learning curve)

• LP capital requirements

• Low liquidity on most markets

• Slow oracle resolution

Path Advantage:

• Solana speed and cost (<$0.01 per trade)

• LMSR eliminates LP requirements

• Simpler UX (embedded in platforms)

• Faster resolution (commit-reveal in 2-4 days)

• Platform ecosystem for distribution