oracle

📣 Community Feedback Requested: Predyx Fee Structure

mega_dreamer

Thanks!

>At some point you could have tiered fees where the fee drops the more you are betting or the more you bet overall. My online stock brokerage gives me free trades if I make 30 buys or sells a month but less than that it is 4.99 per trade.

Yes, we'll work on the tiered fees system - it look like like great way to reward the the long term loyal users. And deter the occasional visitors.  

>Eventually you might need to institute minimum bets because this beautiful money and network we use allows for micro betting so I can put 10 sats on an outcome. That's an amazing feature but maybe just creates problems for you guys especially as it grows.

I think I have an idea to still allow lower amount bets like 10 sats - we just need to add similar fee structure as lightning routing nodes like this example: (1 sat base fees + 50ppm/50bps)

Thanks for voicing your opinion - as you guys very important in shaping the future of Predyx.

Also, as a side note: We plan to reward all the active beta users with life-time fee discount once we move out of beta. We haven't thought the numbers through, but it will be in the ballpark of 50% fee discount for beta users.