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As part of the [Jovian upgrade], Base introduced a minimum base fee. This feature sets a floor for the L2 base fee, preventing it from dropping to extremely low levels during periods of low network activity.
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The minimum base fee for Base Mainnet is 2,000,000 wei (0.002 gwei). This value may be periodically adjusted as we gather data on how it affects the chain. For reference, a minimum base fee of 0.002 gwei results in a cost of approximately $0.001 for a typical 200,000 gas transaction at an ETH price of $2500.
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The minimum base fee for Base Mainnet is 2,000,000 wei (0.002 gwei). This value may be periodically adjusted as we gather data on how it affects the chain. For reference, a minimum base fee of 0.002 gwei results in a cost of approximately \$0.001 for a typical 200,000 gas transaction at an ETH price of \$2500.
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### Benefits
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@@ -47,4 +47,35 @@ The minimum base fee for Base Mainnet is 2,000,000 wei (0.002 gwei). This value
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See the [Configuration Changelog](/base-chain/network-information/configuration-changelog) for a history of changes to the minimum base fee and other network parameters.
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## EIP-1559 Fee Parameters
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Base uses the OP Stack's implementation of EIP-1559, which controls how the L2 base fee adjusts in response to network demand. Two key parameters govern this behavior:
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### Elasticity Multiplier
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The **Elasticity Multiplier** determines the maximum gas capacity of a block relative to the target gas usage. With an elasticity of 6, blocks can contain up to 6× the target gas, allowing the network to absorb sudden demand spikes.
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### Base Fee Change Denominator
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The **Base Fee Change Denominator** controls how quickly the base fee adjusts. A larger denominator means slower, more gradual fee changes. With a denominator of 125, the base fee changes more smoothly compared to lower values.
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### Maximum Rate of Change
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The maximum rate of base fee change per block is calculated as:
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**Max increase per block = (Elasticity - 1) / Denominator**
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With the current parameters (Elasticity = 6, Denominator = 125):
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- Maximum increase per block: (6 - 1) / 125 = **4%**
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- Minimum time to double the base fee: 18 blocks × 2 seconds = **36 seconds**
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This gradual adjustment helps prevent extreme fee volatility during traffic spikes while still allowing the network to respond to sustained demand.
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### Current Configuration
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| Network | Elasticity | Denominator | Max Change/Block |
This accounts for chain data growth and snapshot restoration space.
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This accounts for chain data growth and snapshot restoration space. Refer to [Base Stats](https://base.org/stats) for current chain size and [Base Chain Data](https://basechaindata.vercel.app) for snapshot size.
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<Note>
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If utilizing Amazon Elastic Block Store (EBS), io2 Block Express volumes are recommended to ensure sufficient disk read speeds, preventing latency issues during initial sync. However, **locally attached NVMe SSDs are strongly recommended over networked storage for optimal performance.**
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