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TechFlow news, January 6, according to The Block, Polymarket has introduced a taker fee for its 15-minute cryptocurrency prediction market, marking the platform's first fee on certain markets. Official documentation indicates that the collected fees will be used to fund the "Market Maker Rebate Program," with proceeds distributed daily to market makers in USDC to improve liquidity and narrow spreads.
According to The Block, Polymarket has introduced a taker trading fee for its 15-minute cryptocurrency prediction markets, marking the platform's first instance of charging fees for certain markets. Official documentation indicates that the collected fees will be used to fund a "market maker rebate program," with the proceeds distributed daily to market makers in USDC to enhance liquidity and narrow spreads.
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