Fees
SageBet charges fees to pay for operation and development.
Last updated
SageBet charges fees to pay for operation and development.
Last updated
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.