# 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="https://1968156725-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FSW2fSFdnyrtkSWRv1xLN%2Fuploads%2F6mtfmvPEbuoKzUn9VJnw%2Fgas%20settings.png?alt=media&#x26;token=13922d79-a46d-48c5-aa00-b2b89309ae10" alt="" width="375"><figcaption></figcaption></figure>
