📢 Announcement: Introducing Transaction Fees to Maintain Market Health

To ensure a fair and efficient marketplace and to discourage excessive or nuisance trades, we are introducing transaction fees for both buying and selling shares. 🚀

Why are we doing this?

Improve trade quality: Focus on meaningful trades, reducing noise.
Enhance market fairness: Discourage spamming and unnecessary transactions.
Support platform scalability: Enable smoother operations for all users.

What’s next?

Transaction fees will also prepare us for the next major milestones:

User-Created Markets: Allowing users to create their own markets on a fee-sharing revenue model.
Democratized Liquidity Management: Empowering participants to become liquidity providers with any amount and earn revenue through a fee-sharing model.

The exact fee structure will be announced soon. Stay tuned for updates! 🔥

Let’s work together to make the platform better for everyone. 💪 https://beta.predyx.com

100 sats \ 0 replies \ @BlokchainB 6h

👏👏

100 sats \ 0 replies \ @TNStacker 9h

BUILDERS!

100 sats \ 1 reply \ @dingding541 10h

Looking forward to seeing this in action.

Is there an assumption customers will accept these fees?

Does your competitor BPM use a similar fee structure?

30 sats \ 0 replies \ @mega_dreamer OP 1h

Thanks! We don't see BPM as competitor but as a friend who is trying to achieve the same goal as us by taking different routes.

We consider Polymarket, Kalshi and Manifold our main competitor. Our fee structure will be similar to them.

111 sats \ 0 replies \ @Shugard 12h

User-Created Markets: Allowing users to create their own markets on a fee-sharing revenue model.

That sounds cool!