# Gas Price computation

**What is gas in EVM Chain ?** \
On Ethereum and EVM chains, gas is a unit of measurement that represents the computational effort required to complete a transaction on the network. It is the fuel you must buy to incentivize miners to add your transaction to a block.&#x20;

**Gas Price Estimate with Verso Stack** \
The gas price takes into account the EIP-1559 standard. \
Our Verso modules provide 3 levels of gas price recommendation for the wallet :&#x20;

<table><thead><tr><th width="253">Gas Price Recommandation</th><th>Meaning</th></tr></thead><tbody><tr><td>Slow</td><td>Estimation for a safe [non rejected for low gas price] but slow [confirmation within 20 to 100 blocks]</td></tr><tr><td>Standard</td><td>Estimation for a standard transaction : confirmation within the next 10 blocks.</td></tr><tr><td>Fast</td><td>Estimation for a fast transaction : to be included in the current or next block.</td></tr></tbody></table>

<figure><img src="/files/1I1aIdm0MRuz96Lzu4ym" alt="" width="375"><figcaption></figcaption></figure>


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