[Submission] Gas and Fees by Abak Deborah#16
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xo-debbieee wants to merge 1 commit intoogazboiz:mainfrom
Open
[Submission] Gas and Fees by Abak Deborah#16xo-debbieee wants to merge 1 commit intoogazboiz:mainfrom
xo-debbieee wants to merge 1 commit intoogazboiz:mainfrom
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This commit includes a simple and clear explanation on Gas fees, priority fees and slippage.
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This submission explains the concept of Gas and Fees in Ethereum. It covers the EIP-1559 upgrade, including base fee, priority fee, and the burning mechanism. Also defines slippage and how it relates to gas prices in swaps and high-demand blocks.
X thread link on Gas fees, slippage and security.
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