Will Martin Shkreli Be Proven Correct that a Trump Family Member Approved of $DJT?
Market Information
| Market Open Date | Market Close Date | Currency | Taker Fee |
|---|---|---|---|
| 2024-06-19 | 2024-08-01 | USD | 0.075% |
Rules
Martin Shkreli publicly made an offer to bet $100 million that the crypto coin $DJT was done with the consent or support of either Donald J. Trump and/or a member of Donald Trump's family. Martin further alleged that he has proof, which is why he felt confident enough to bet $100 million. This market will resolve yes if this is confirmed by Donald J. Trump, a member of Donald J. Trump's family, or by official spokespeople for the Trump campaign by July 31st, 2024, 11:59ET.
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.