All transactions on the Celo blockchain incur one or more fees. These fees help ensure the Celo blockchain is maintained and secure.
Each network uses a default token to pay these fees. For example, ETH is used on the Ethereum network, and CELO is used on the Celo network.
Valora always displays fees clearly, so there are no surprises or hidden costs. Please note that fees may fluctuate based on the network's traffic.
How Valora selects your Celo network fees
The Celo network has the option for dapps and wallets to pay for fees using a Celo native stablecoin, which Valora offers to its users. Valora will prioritize CELO to pay for gas fees. If CELO is unavailable, Valora will use the native Celo token with the highest balance in your account, including:
* USDC and USDT are commonly bridged tokens and differ from the USDC and USDT tokens that are Celo native stablecoins. Please confirm you have the correct token by verifying the token's contract address with the ones linked above.
Continue reading to learn about the different fees you may see while using Valora.
Swap Fees
Swap fees apply when swapping between tokens using Valora’s in-app swap feature. Valora’s fee is 0.6% of the swap amount, and there is no minimum fee. In the case of a failed transaction, Valora’s fee will not apply.
Network Fee
Network fees support transaction security and speed. Valora does not collect these fees; they go directly to the validators supporting the network and the Celo Community Fund.
Other Fees (third parties)
You may encounter other fees when using third-party decentralized applications or dapps. These are fees associated with using dapps and are not associated with Valora. Users are encouraged to do their own research before interacting with dapps.