Transaction Fees

What are transaction fees and why do I need to pay them? Any transaction made with Walliro incurs transaction fees. This includes: Asset transfers Settings changes (adding an owner, changing the threshold, etc.) DeFi Interactions (swapping tokens, locking funds in a DeFi protocol) These fees do not go to Walliro, but instead directly to the […]

Advanced parameters

When reviewing a transaction, there is a dropdown called “Advanced parameters” where you can inspect all transaction details. Clicking “Edit” allows you to adapt the values. Please refer to the next section for further details on the parameters and their meaning. Please also note that you can modify all parameters at any time. Advanced parameters […]

What is gas in Ethereum?

People must pay a small fee for all transactions and smart contract executions on Ethereum. This fee is called Gas. Technically, Gas is the unit of measurement on the amount of computational effort required to execute an operation or a smart contract. More complex operations require more gas to fulfill. Gas fees are paid entirely […]