Kreo uses a bell curve (Gaussian distribution), fees are lowest at extreme odds and highest around 50/50.Fee formula:
max(0.003, 0.07 × price × (1 - price))
Why this is fairer:
- Extreme odds need less price discovery → fees stay low
- 50/50 odds have the highest market impact → slightly higher fee
- You avoid overpaying on longshots and near-certainties
