​
Understanding Gas Fees

Gas fees are transaction costs paid to process operations on blockchain networks. Understanding them helps you save money and avoid failed transactions.

​
What Are Gas Fees?

Think of gas like the processing fee for blockchain transactions:

  • Required for all blockchain operations
  • Paid in the network’s native token
  • Varies based on network congestion
  • Different for each type of action

​
Gas on Different Networks

TokenFabric recommends Base for most users:

  • Lower gas costs ($0.01-0.05 per transaction)
  • Fast processing
  • Ethereum security
  • Optimized for TokenFabric

​
Ethereum Mainnet

  • Higher security
  • More expensive ($2-100+ per transaction)
  • Better for high-value transactions
  • Wider adoption

Start with Base Network if you’re new. It offers the best balance of cost and functionality for most users.

​
Understanding Gas Costs

​
Common Operations

Approximate costs on Base Network:

  1. Basic Transfers

    • Send tokens: $0.01-0.05
    • Approve contracts: $0.02-0.10
    • Cancel transactions: $0.01-0.03

  2. Token Operations

    • Create token: $0.10-0.50
    • Swap tokens: $0.05-0.20
    • Bridge assets: $0.10-0.30

Costs are estimates and can vary based on network conditions.

​
Optimizing Gas Costs

​
Best Practices

  1. Timing

    • Check network congestion
    • Use during quiet periods
    • Monitor gas trends
    • Batch transactions when possible

  2. Settings

    • Understand priority levels
    • Set appropriate limits
    • Consider transaction speed
    • Use gas estimation tools

​
Common Gas Issues

​
Failed Transactions

Common causes and solutions:

  1. Insufficient Gas

    • Set higher gas limit
    • Ensure enough network tokens
    • Check current gas prices
    • Use gas estimators

  2. Network Congestion

    • Wait for lower fees
    • Adjust priority
    • Consider other networks
    • Batch transactions

Failed transactions still cost gas fees. Always ensure proper settings to avoid wasting funds.

​
Gas Settings on TokenFabric

​
Default Settings

TokenFabric optimizes gas settings automatically:

  • Recommended gas limits
  • Priority suggestions
  • Network recommendations
  • Fee estimations

​
Manual Adjustments

When to adjust settings:

  • High-priority transactions
  • Complex operations
  • Custom requirements
  • Network congestion

​
Troubleshooting

​
Gas Tracking Tools

  1. Gas Trackers

    • Base Gas Tracker
    • Etherscan
    • Gas Now
    • DeFi gas tools

  2. Estimators

    • Built-in wallet tools
    • Network explorers
    • DeFi platforms
    • Gas calculators

​
Next Steps

Ready to continue learning:

  1. Learn about transferring assets →
  2. Understand token swapping →
  3. Explore bridging networks →

Need Help?

Join our Discord for real-time gas optimization tips and support.