CurrentGasTargetare calculated per block by the following equations:
baseFeeMaxChangeRate(default: 55%) in the above formula is fixed but can be adjusted through the Governance.
BaseFeefrom becoming infinite and all WEMIX being used as transaction fees, the maximum value of BASE_FEE,
maxBaseFee(default: 50,000Gwei), has been set. This value can also be adjusted through Governance.
gasTargetPercentage(default: 30%) and
PreviousGasLimit(default: 105,000,000) are subject to change by governance voting but are always the same unless changed by Governance.
maxPriorityFeePerGas(default: 100Gwei) value and the variable gas price
BaseFee(default: 1Gwei) value recorded in the latest block. This algorithm is compatible with all wallets that support EIP1559.