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Polymarket responds to community concerns about high fees: the controversial parameter has been removed, but taker fees will still be charged across all categories.
Mars Finance news. On April 1, the Polymarket team posted an announcement on Discord stating that, regarding prior community concerns that some category fees were too high, the team’s original intent was to fix the fee curve, but it mistakenly used the U.S. dollar taker traded volume. Now it will be calculated based on the number of shares, which is the industry standard and can eliminate the issue of fee imbalance.
The team said that in certain markets—especially the weather and economic markets—due to this change and the additional index only added to these two categories, the fee curve has been severely distorted. When prices are low (such as 0.1¢), the fees are abnormally high. This is the reason everyone is complaining about “super high fees” on social media. Currently, the fee schedule has been revised, the index has been removed, and all markets no longer have this issue. “The fees for these markets are still the lowest and most cost-effective on the internet.”
At the same time, the team advised that if users care about fees, they can place limit orders for free trading, and with the new update, you can also get a 20–25% maker rebate.