EIP 1559 and existing smart contracts

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EIP 1559 and existing smart contracts

Hoping the community can help me with something that doesn’t seem clear to me regarding EIP 1559. After the London fork how will existing smart contracts be impacted? Sure, we know it’s backwards compatible but how will the EIP impact open contracts. For example: a user has some DAI tied up in a lending program and paid the current (high) gas fee to write the contract. Once the London fork happens what are the user’s options to close out the contract and recover the funds locked up from the original transaction? Does the user have the flexibility to use base+tips to close the contract or will be be forced to use the conventional gas fee structure pre EIP 1559?

submitted by /u/Ok-Mammoth6272
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