> For the complete documentation index, see [llms.txt](https://docs.silverbackdefi.app/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.silverbackdefi.app/dex-guide/anchor-pools.md).

# Anchor Pools (Keeta)

Create your own liquidity pools with custom fees on Keeta Network.

***

## What Are Anchor Pools?

Anchor pools are user-created liquidity pools that compete in Keeta's FX anchor aggregator. Unlike standard AMM pools with fixed 0.3% fees, anchor pools let you:

* **Set custom fees** from 0.01% to 10%
* **Earn fees** when swaps route through your pool
* **Compete** with official FX anchors and other user pools

When users swap on the Anchor page, the system automatically routes to the pool offering the best rate — including yours.

***

## Creating an Anchor Pool

### Requirements

* Keythings wallet connected
* Both tokens you want to pair
* 3-5 KTA for transaction fees
* Enough liquidity to be competitive

### Step-by-Step

1. Navigate to **Keeta → My Anchors** page
2. Click **"Create New Anchor Pool"**
3. Fill in the details:

   | Field     | Description                    |
   | --------- | ------------------------------ |
   | Token A   | First token in the pair        |
   | Amount A  | How much of Token A to deposit |
   | Token B   | Second token in the pair       |
   | Amount B  | How much of Token B to deposit |
   | Fee (bps) | Your fee in basis points       |
4. **Review your pool:**
   * Initial price ratio = Amount B ÷ Amount A
   * LP tokens you'll receive = √(Amount A × Amount B)
5. Click **"Create Pool"**
6. **Complete the four-step process:**

   | Step | Action                                    |
   | ---- | ----------------------------------------- |
   | 1    | Backend creates pool account and LP token |
   | 2    | You confirm sending Token A to pool       |
   | 3    | You confirm sending Token B to pool       |
   | 4    | Backend mints LP tokens to your wallet    |
7. **Success!** Your pool is now live and will appear in the Anchor aggregator.

***

## Understanding Fees (Basis Points)

Fees are set in **basis points (bps)**. 100 bps = 1%.

| Basis Points | Percentage | Strategy                                  |
| ------------ | ---------- | ----------------------------------------- |
| 10 bps       | 0.1%       | Aggressive — attract maximum volume       |
| 30 bps       | 0.3%       | Standard — competitive with most pools    |
| 50 bps       | 0.5%       | Moderate — balance volume and earnings    |
| 100 bps      | 1.0%       | Conservative — higher margin, less volume |

### Fee Strategy Tips

* **Check competitors** — Look at existing pools for the same pair
* **Slightly undercut** — Being 5-10 bps lower often wins the trade
* **Balance volume vs margin** — Lower fees = more trades but less per trade
* **Monitor and adjust** — Change fees based on performance

***

## Managing Your Pools

From the **My Anchors** page, you can manage all your pools:

### Update Fee

1. Click **"Update Fee"** on your pool card
2. Enter new fee (1-1000 bps)
3. Confirm the transaction
4. New fee takes effect immediately

> **Tip:** Monitor your 24h volume. If it drops, try lowering your fee. If volume is high and you want more per trade, try increasing slightly.

### Pause Pool

Temporarily stop accepting swaps:

* Pool remains funded
* No swaps will route to your pool
* Resume anytime

Use this when:

* You need to rebalance
* Market conditions are unfavorable
* You're adjusting strategy

### Resume Pool

Reactivate a paused pool to start earning again.

### Close Pool

Permanently close the pool:

1. Remove all liquidity first
2. Close the pool structure
3. Cannot be undone

***

## Pool Analytics

Each pool card displays:

| Metric           | Description                           |
| ---------------- | ------------------------------------- |
| 24h Volume       | Total value swapped through your pool |
| 24h Swaps        | Number of trades                      |
| Fees Collected   | Your earnings                         |
| Current Reserves | Pool balances (Token A / Token B)     |

### Reading Your Analytics

* **High volume, low fees collected?** → Consider raising fee
* **Low volume?** → Try lowering fee or adding liquidity
* **Unbalanced reserves?** → Lots of one-way trading, may need rebalancing

***

## Strategy Guide

### Competitive Positioning

Your pool competes for every swap. The aggregator routes to the best rate, considering:

1. **Your fee** — Lower fee = better rate for users
2. **Your liquidity** — More liquidity = less price impact
3. **Current reserves** — Balanced reserves = better rates

### Winning More Trades

1. **Undercut on fees** — Be 5-10 bps lower than competitors
2. **Deeper liquidity** — Add more capital to reduce price impact
3. **Stay balanced** — Imbalanced pools offer worse rates
4. **Popular pairs** — Focus on high-demand token pairs

### Maximizing Earnings

| Strategy    | Approach                                      |
| ----------- | --------------------------------------------- |
| Volume Play | Low fees (10-20 bps), high volume             |
| Margin Play | Higher fees (50-100 bps), accept lower volume |
| Balanced    | Moderate fees (30 bps), steady earnings       |

### Risk Management

* **Don't over-concentrate** — Spread across multiple pools
* **Monitor impermanent loss** — Same risks as regular LP
* **Watch for arbitrage** — Large price moves can drain one side
* **Keep reserves balanced** — Add liquidity to lagging side

***

## FAQ

**Can I have multiple anchor pools?**

Yes! Create one pool per token pair. You cannot have two pools for the same pair from the same wallet.

**Can others add liquidity to my pool?**

Not currently. Each user creates and manages their own pools independently.

**What fee should I start with?**

Start at 30 bps (0.3%) — it's competitive with standard AMM pools. Adjust based on performance.

**How do I know if my pool is getting trades?**

Check the 24h Volume and 24h Swaps metrics on your pool card.

**Why isn't my pool getting volume?**

Common reasons:

* Fee is too high compared to competitors
* Not enough liquidity (high price impact)
* Reserves are imbalanced
* Low demand for this token pair

***

## Troubleshooting

**Pool creation failed**

* Verify you have enough of both tokens
* Ensure 3-5 KTA for fees
* Check you don't already have this pair

**LP tokens not received**

* Wait a moment for the final transaction
* If still missing, contact support

**Pool not appearing in aggregator**

* May take a few moments to index
* Ensure pool is not paused
* Verify pool has liquidity


---

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