#GasFeeImpact You should lower the cost or eliminate it, as users pay a price for just being on the platform. The impact of gas fees on Ethereum play a crucial role in the network, as they determine the cost of transactions and the execution of smart contracts. These fees vary depending on network congestion and demand for block space. When activity on Ethereum is high, gas costs can skyrocket, affecting users and projects that rely on frequent transactions.
The impact of gas fees is significant. For small investors, high fees can make certain transactions unviable, especially those of low value. Traders and DeFi (decentralized finance) users may see their profits reduced due to the costs of each operation. In addition, developers must optimize their smart contracts to minimize gas consumption and make their applications more accessible.