Will Manifold change fees from a percentage of trade amount to a percentage of profits by August 31?
11
100Ṁ423
resolved Aug 25
Resolved
N/A

Resolves YES if Manifold changes the fees to be a percentage of net profits instead of a percentage of the amount of each trade, by August 31. Resolves NO otherwise. This will be determined by my judgement and/or how the Manifold team describes any changes to fees.

If both types of fees are in use I'll probably resolve to 50%. If fees are entirely eliminated resolves N/A. The fee percentage can be fixed or variable, either would count.

Currently, on yes/no markets, Manifold charges fees on each trade as 10% x amount_traded x (1 - max_price_per_share_bought).

E.g. buying M$50 YES from 50% to 70%, you pay fees of 10% x M$50 x (1 - 70%) = M$1.5, or buying M$50 NO from 80% to 40% you pay fees of 10% x M$50 x 40% = M$2. (For NO the price is 1 - the probability of YES)

Jul 26, 6:43pm: Will resolves YES if fees on fixed-payout (CFMM) markets change in a way that meets these criteria, even if fees on free-response (DPM) markets do not change.

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