# 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

* **50 PREDI** or **1 USDC**
* Paid once when creating a new market
* **50% of the fee** is used for [PREDI](https://predictbase.gitbook.io/docs/v1/resources/predi-token) buyback and is automatically **burned**
* **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 Revenue** | 1%     | Used to fund PredictBase development, infrastructure & **PREDI** buyback |

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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#### 🏛 How is **Protocol Revenue used**?

* Supporting platform development and future improvements
* **25% of protocol revenue** is allocated for **quarterly PREDI buyback and burn**, helping reduce supply and support token value

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#### 📉 No Hidden Costs

* ❌ No monthly fees
* ❌ No deposit or withdrawal fees
* ❌ No surprise slippage or commissions

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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 **dashboard** and handled 100% via smart contract logic.

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For more on earnings, visit [Creating a Market ](https://predictbase.gitbook.io/docs/v1/using-predictbase/creating-a-market)or [Claiming Winnings](https://predictbase.gitbook.io/docs/v1/using-predictbase/claiming-winnings).