Fee & Penalty Policy
Issue #33 | State: OPEN | Created: 2026-01-14T05:13:46Z
Assignees: linked0
Updated: 2026-01-29T06:42:55Z | Closed: N/A
Tasks
- Apply 2% fee
- Apply penalty logic
- General Guidelines & Penalty Policy
Details
Apply 2% fee
- 2% of wining fee goes to a market creator and the platform by 1% each
Apply penalty logic
One of our biggest advantages over other prediction markets is that anyone can create a market. However, to prevent abuse, we require creators to deposit tokens. If an admin determines that a market violates our policy, this deposit will be forfeited. Our strictest rules prohibit content involving violence, sexual abuse, drugs, or child exploitation. If a creator doesn't follow the rules, their funds will be forfeited. However, if they voluntarily close the market within a specified time after receiving an admin warning, there is no penalty.
Some markets may be controversial or extreme without strictly violating our policies. Rather than judging these contrally, we rely on social consensus. If users find value in a market, they will trade in it. If not, the market will naturally fade into obscurity and will not appear on the landing page or the related categories. We currently use trading volume as the primary filter for visibility and pland to adopt more sophisticated algorithms in the future.
Sub tasks
- Provide basic liquidity for a creator
- Check a creator's depoit for forfeiting before creating a new market
- Add admin menu in detail page for warning
- Forfeit the specified amount of fund as a penalty
Comments
@linked0 — 2026-01-29T06:42:55Z
All the tasks are done and I will pull request later.