# Fees

### 💸 Fees

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

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#### 🔨 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

> 💡 This helps prevent spam or low-quality markets and ensures each submission is thoughtful and deliberate.

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#### 🧾 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

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#### 🏛 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

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#### 📉 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

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#### 🔁 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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For more on earnings, visit [Creating a Market ](../using-predictbase/creating-a-market)or [Claiming Winnings](../using-predictbase/claiming-winnings).
