Tip! On the Layer ones like ETH and Layer 2's like base, transactions require a fee, known as gas, which is paid in Ether (ETH). Gas is measured in Gwei, a smaller denomination of ETH.
When setting a transaction fee, you can specify the gas price in terms of Gwei (GWEI) or Miner Tips.
Miners are more likely to include transactions with higher gas prices because it represents higher rewards for them. Setting a higher gas price increases the likelihood of your transaction being processed quickly.
So, setting your priority settings as GWEI allows you to specify the amount of Gwei you're willing to pay per unit of gas for your transaction. This indirectly affects the priority of your transaction in the network.
The "Miner Tip" refers to directly incentivizing miners with an additional tip beyond the standard gas price.
