Gas Fees Explained
You've heard of "gas fees." Here's what they are and why you don't pay them.
What are Gas Fees?
| Question | Answer |
|---|---|
| What | Payment to process blockchain transactions |
| Who receives | Network validators (miners) |
| Paid in | Native token (ETH, MATIC, etc.) |
| Why needed | Prevents spam, incentivizes processing |
Gas Fees by Network
| Network | Typical Cost | Speed |
|---|---|---|
| Ethereum | $5-50+ | 12 sec |
| Polygon | $0.001-0.01 | 2 sec |
| Arbitrum | $0.10-0.50 | 1 sec |
| Base | $0.01-0.10 | 2 sec |
Polyfollow uses Polygon = cheapest!
Why You Don't Pay Gas
| What Happens | Details |
|---|---|
| We pay your gas | Polyfollow sponsors all trade gas fees |
| Auto-funded | We send MATIC to your wallet for withdrawals |
| No hidden costs | Gas is never deducted from your USDC |
Our Costs (For Transparency)
| Trade Type | Approx Gas Cost | Who Pays |
|---|---|---|
| Buy position | ~$0.005 | Polyfollow |
| Sell position | ~$0.005 | Polyfollow |
| Withdraw | ~$0.01 | Polyfollow |
FAQ
| Question | Answer |
|---|---|
| Why is Polygon so cheap? | Layer 2 technology, batches transactions |
| What if gas spikes? | We still cover it |
| Do I need MATIC? | No, we auto-send it |
| Is there a catch? | No, it's included in profit fees |
Key Takeaway
Gas is 100% free for you. We handle it. Just deposit USDC and trade!