PredictBase
  • Welcome
  • Getting Started
    • About
    • Quickstart
    • Connecting Your Wallet
    • Bridging to Base
    • Wallet Troubleshooting
  • Using PredictBase
    • Exploring Markets
    • Placing a Bet
    • Viewing Your Bets
    • Market Resolution
    • Claiming Winnings
    • Creating a Market
  • RESOURCES
    • Fees
    • Glossary
    • Security & Privacy
    • Market Creation Terms
    • FAQs
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  1. RESOURCES

Fees

πŸ’Έ Fees

PredictBase is fully decentralized and transparent β€” and so is the fee model. Here’s a full breakdown of fees you may encounter while using the platform.


πŸ”¨ Market Creation Fee

  • 0.001 ETH

  • Paid once when creating a new market

  • Covers gas costs and admin review

  • Non-refundable, even if the market is rejected or canceled

πŸ’‘ This helps prevent spam or low-quality markets and ensures each submission is thoughtful and deliberate.


🧾 Betting Fee (2% Total)

Each bet includes a 2% transaction fee, which is split evenly:

Fee Type
Amount
Description

Creator Fee

1%

Paid to the market creator after the market is resolved

Protocol Fee

1%

Used to fund PredictBase development, infrastructure & audits

These fees are calculated on top of your bet amount.

Example:

  • You want to bet 100 USDC

  • You’ll need 102 USDC (100 USDC + 2% fee)

  • If your option wins, your payout is still based on the full 100 USDC


πŸ› What Are Fees Used For?

  • Paying market creators to incentivize good, well-structured markets

  • Supporting platform development and future improvements

  • Covering infrastructure (indexing, hosting, security)

  • Funding audits, bug bounties, and long-term sustainability


πŸ“‰ No Hidden Costs

  • ❌ No monthly fees

  • ❌ No deposit or withdrawal fees

  • ❌ No surprise slippage or commissions

You only pay:

  • 0.001 ETH if you create a market

  • A 2% total fee if you place a bet


πŸ” Refunds on Canceled Markets

If a market is canceled:

  • You will receive a full refund

  • This includes your original stake and any paid fees

Refunds are claimable directly through the UI and handled 100% via smart contract logic.


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Last updated 28 days ago

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Creating a Market
Claiming Winnings