From 2875e9e86066c69888b35617bf7a771d522f40d2 Mon Sep 17 00:00:00 2001 From: Shegzwick Date: Sun, 6 Jul 2025 10:43:58 +0100 Subject: [PATCH] Create Gas fees Oguns segun --- Gas fees Oguns segun | 8 ++++++++ 1 file changed, 8 insertions(+) create mode 100644 Gas fees Oguns segun diff --git a/Gas fees Oguns segun b/Gas fees Oguns segun new file mode 100644 index 0000000..5fa5499 --- /dev/null +++ b/Gas fees Oguns segun @@ -0,0 +1,8 @@ +##Gas fees +Gas fees are simply the the cost of making transactions which are paid to the validators for executing smart contracts and processing transactions. +##EIP -1599 ( Ethereum Improved Proposal -1599) +It changed how ETH fees work. Base fee Changes based on how busy the network is. +-The base fee is removed/burned from the supply which can make eth more valuable. +-You can also tip validators so transactions can get prioritized and processed faster +##Slippage +Slippage is the difference between expected price of a trade and the actual price that was used to execute it. Slippage can be positive or negative. But it can be controlled by setting Slippage tolerance in Decentralized exchanges.