Aura Docs
  • πŸ‘‹Welcome to Aura
  • πŸ—ΊοΈTeam & Roadmap
    • πŸ₯‡Meet the Team
    • πŸš€Aura Roadmap
  • πŸ“šOverview
    • Introduction to Aura
    • Why Alephium?
  • 🌟Features
    • Creating Markets
    • Trading on Aura
    • Market Resolution & Disputes
  • πŸ’°Tokenomics
    • Alephium (ALPH)
    • $AURA Token
  • πŸŽ–οΈ Vault Tiers & Benefits
    • Tier Structure
    • Staking & Vaulting $AURA
  • πŸ“ŠFees & Rewards
    • Trading Fees
    • Rewards & Incentives
  • βš™οΈ Governance
    • Outcome Voting
    • Proposal Voting
  • πŸ”§Guides & Tutorials
    • User Tutorials
    • Advanced User Guides
      • Maximizing Your Tier Benefits
      • Strategies for Prediction Markets
    • Binary Market Best Practices
    • Categorical Market Best Practices
  • πŸ“žSupport & FAQ
    • Frequently Asked Questions (FAQ)
    • Contact & Community
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On this page
  • How to Create a Market
  • How to Trade Markets
  • How to Vote and Resolve Disputes
  1. Guides & Tutorials

User Tutorials

PreviousProposal VotingNextAdvanced User Guides

Last updated 2 months ago

Welcome to Aura! These step-by-step guides help you quickly and confidently engage with our prediction markets.

How to Create a Market

Follow these steps to propose a new prediction market:

  1. Sign In:

    • Connect your Alephium-compatible wallet to Aura.

  2. Check Your Tier:

    • Ensure you have at least Iron-tier status (stake minimum of 60,000 $AURA tokens if needed).

  3. Navigate to Proposal Form:

    • Click the "Propose Market" button at the top-right of the site.

  4. Fill Out Market Details:

    • Enter your prediction question, detailed rules, category, end date, and any relevant images or links.

    • Deposit 3 Alephium coins as a refundable deposit.

  5. Submit Proposal:

    • Confirm your transaction via your wallet.

Your market will undergo a 24-hour community vote. Approved markets are automatically activated.


How to Trade Markets

Buying Shares:

  1. Select your market from the homepage.

  2. Choose an outcome (YES or NO).

  3. Enter the amount of Alephium to spend.

  4. Click "Buy" and confirm the transaction via your wallet.

Selling Shares:

  1. Select the "Sell" tab within the chosen market.

  2. Choose the outcome shares you wish to sell.

  3. Enter the number of shares.

  4. Click "Sell" and confirm the transaction.

Remember, each transaction carries a small 1% fee collected in Alephium.


How to Vote and Resolve Disputes

If a market outcome is disputed, follow these steps:

  1. Access Voting Section:

    • Click the "Vote" tab on the navigation toolbar and select the "Outcomes" section.

  2. Review Disputes:

    • Browse the list of active disputes.

  3. Cast Your Vote:

    • Vote YES or NO based on your evaluation of the market outcome.

    • Ensure you hold no position in the market and have staked $AURA tokens.

  4. Finalize Results:

    • Once voting concludes (after 24 hours), the majority decision finalizes the outcome.

Voting participants share 1% of the total market fees as a reward.

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Market Creation Flow
Drawing