SageBet documentation
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  • SageBet
    • Overview
    • Architecture
      • Contracts
    • Market and trading basics
      • Orderbook Basics
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        • Claiming
        • Approvals
      • Fees
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    • Tokenomics
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  1. SageBet
  2. Market and trading basics

Fees

SageBet charges fees to pay for operation and development.

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Last updated 2 years ago

All markets have a configurable fee of 0-10%, which is realized on all taker orders on a market's orderbook. **No fees are taken for posting or cancelling limit orders**. Only when an order is filled and shares are bought/sold is the fee realized.

All fees accumulate in real-time to the designated feeRecipient() address as specified when creating the market via the Market Factory (see Architecturefor details).

You can see the fee amount for a given market by hovering over the (i) icon in the betting widget. The fee is hard-coded into each contract and can also be viewed there.