Trading Fee
ForeGate platform applies corresponding fee rules based on different market models. The specific details are as follows:
1. AMM Model Market
In this market, ForeGate charges a 2% trading fee on both buy and sell orders to ensure the platform operates smoothly. The amount you receive upon completing your buy or sell orders has already deducted the trading fee.
2. Pari-Mutuel Model Market
No trading fees are applied to wager placement within the Pari-Mutuel Market system. It is a pool-based system where all wagers are collected into a liquidity pool, and payouts are distributed to winners according to a predefined algorithm.
For the relevant calculation methods and payout distribution logic, please refer to:
Tips | Important Notice : i. Disclaimer Smart contracts automatically distribute the entire pool proportionally to wallets that staked on the winning outcome once it is finalized.
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