On February 3rd, we're scrapping the 5% withdrawal fee and replacing it with a 10% fee on profits and ****a flat $5 service fee on withdrawals.

More details:

• Fees only apply to sweepstakes markets. Mana markets are still fee-free.
• The 10% fee on profit markets will be assessed per market at the time of resolution.
• For set-type markets, the 10% fee will be assessed per answer at time of resolution. For multiple-choice markets, the fee will be assessed on overall profit across answers.
• The fee includes both open profits (i.e. on positions which are active at time of resolution) and closed profits (i.e. profit you’ve earned after selling out a position).
• Past market resolution will not be effected.
• Example: You bet 10 sweepcash to get 25 YES shares. The market resolves YES. Your profit is 15 sweepcash, so the fee is 1.50, leaving you with 23.50.