Polymarket Responds to Community Concerns Over High Fees: Controversial Parameter Removed, Taker Fees to Remain Across All Categories - Lookonchain - Looking for smartmoney onchain

On April 1, the Polymarket team took to Discord to address community concerns about high fees in specific market categories. The team noted its original plan was to adjust the fee curve, but it had mistakenly used USD taker volume previously -- now, it's switched to calculating fees based on share count, an industry standard that resolves fee imbalance issues. In some markets (notably weather and economic markets), this change, combined with an index only applied to those two categories, severely distorted the fee curve. At lower prices (e.g., 0.1¢), fees became abnormally high -- this is why users complained about "super high fees" on social media. Currently, the fee schedule has been revised, the index has been removed, and all markets no longer face this issue. "Fees for these markets remain the lowest and most cost-effective online," the team said. For users worried about fees, the team suggested placing limit orders for free trading; the new update also lets users earn a 20-25% maker rebate.