Manifold will be instating a 10% fee on profits on February 3rd:
https://manifoldmarkets.notion.site/Fee-change-18b54492ea7a80a6b069d488fc3613ee
However it is unclear how this fee will be charged on dependent markets. For example if I have $1 on the Chiefs and $1 on the Eagles in the market below, each bought at 50 cents, will I have zero profit and zero fees? or will I have a profit of $1 minus 10 cents of fees, along with a $1 loss?
The difference is between getting my $2 back invested, vs getting back $1.90
https://manifold.markets/10thOfficial/which-team-will-win-the-super-bowl-cb8ad2211e6d?play=false
Will resolve based on this, or the first dependent multiple multiple choice sweepstakes market to close that I can confirm the fees for.
Update 2025-01-31 (PST) (AI summary of creator comment): Fee Calculation Clarification:
Net Profit Only: Fees are only charged on the net profit portion.
Example: If you invest $1 (or 2 shares worth $1) and the total value doubles to $2, the profit is $1. A 10% fee means you are charged 10 cents on that profit.
1,000
3.00@travis If I own $1 or 2 shares of the Eagles, and it doubles to $2, then I have a profit of $1. I'm charged fees of 10% or 10 cents on the profit part.
@HillaryClinton Oh, I see. I thought this meant 1 share of each:
For example if I have $1 on the Chiefs and $1 on the Eagles in the market below, each bought at 50 cents
Will be on overall profit: https://manifoldmarkets.notion.site/Fee-change-18b54492ea7a80a6b069d488fc3613ee?pvs=74