> For the complete documentation index, see [llms.txt](https://get-verso.gitbook.io/get-verso-launch-your-web3-app-faster/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://get-verso.gitbook.io/get-verso-launch-your-web3-app-faster/the-get-verso-stack/gas-price-computation.md).

# 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. 

**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 : 

<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>