Will Dan Bilzerian launch a memecoin by Friday?
Market Information
| Market Open Date | Start Date | Market Close Date | Currency | Taker Fee |
|---|---|---|---|---|
| 2024-06-11 | 2024-06-10 21:22 ET | 2024-06-14 | USD | 0.075% |
Rules
On June 8, Dan Bilzerian tweeted that he was interested in launching a token (see: https://x.com/DanBilzerian). This market will resolve to "Yes" if conclusive, definitive evidence emerges that Dan Bilzerian (https://x.com/DanBilzeriany) was involved in the deployment of a new token by June 14, 2024, 11:59 PM ET. Otherwise this market will resolve to "No". The resolution for this market will be based on a consensus of credible sources.
There are "taker fees" on this market. The taker fees apply when you match an existing order on the order book, whereas the maker subsidy happens when you place an unmatched order that can be matched later. The taker fees are .075 times the price, times the potential profit (e.g., Taker Fee per share = .1*Price/100*(1-Price/100)). Thus, the taker fee to buy 100 shares at 20 cents would be: 100*.075*(20/100)*(80/100) = $1.20.