Polymarket launches referral program, updates fee structure

Polymarket has launched a referral program, Polymarket Senior Intern Mustafa announced on X. He explained that users can earn 30% of the revenue from direct referrals and 10% from indirect referrals. Participants may also be eligible for "future rewards," he added. Additionally, Polymarket plans to implement a new fee structure for bets placed starting March 30. Instead of the current flat rate, fees will vary by market, increasing as the probability of an outcome approaches 50%.