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For the complete documentation index, see llms.txt. This page is also available as Markdown.

FAQ

Frequently asked questions about Silverback DEX.

General

What is Silverback DEX?

Silverback is a dual-network decentralized exchange supporting Base (Ethereum L2) and Keeta (high-speed DAG blockchain). It features AMM pools, FX anchor trading, and is powered by an autonomous AI trading agent.

What makes Silverback different?

Unlike other AI agents that just provide commentary, Silverback operates actual trading infrastructure:

  • Runs a live DEX

  • Trades with real capital

  • Shares profits with token holders

  • Proves expertise through results, not claims

Which network should I use?

Base is best for:

  • Trading popular ERC-20 tokens

  • Accessing deep liquidity

  • Users already in the Ethereum ecosystem

Keeta is best for:

  • Fast transactions (400ms settlement)

  • Lower fees

  • Creating custom liquidity pools with your own fee rates

Is Silverback safe to use?

Silverback is non-custodial — you maintain full control of your funds. The smart contracts follow battle-tested Uniswap V2 standards. However, as with all DeFi:

  • Never invest more than you can afford to lose

  • Understand risks like impermanent loss

  • Always verify contract addresses

Does Silverback custody my funds?

No. This is a fully non-custodial DEX. Your tokens remain in your wallet until you execute a swap, and liquidity can be withdrawn anytime.

Trading & Fees

What are the trading fees?

Type
Fee
Goes To

AMM Swaps

0.3%

Liquidity Providers

Anchor Swaps

0.01% - 10%

Pool Creator

Gas

Variable

Network validators

What is slippage tolerance?

The maximum price change you'll accept between submitting a transaction and it executing. If price moves more than your tolerance, the transaction fails, protecting you from bad fills.

Recommended settings:

  • Stable pairs: 0.1%

  • Normal pairs: 0.5%

  • Volatile tokens: 1-3%

Why do I need to approve tokens?

ERC-20 tokens require you to grant permission before a smart contract can spend them. This is a security feature. You only need to approve once per token per contract.

Liquidity

What are LP tokens?

LP (Liquidity Provider) tokens represent your share of a liquidity pool. They:

  • Prove your deposit

  • Entitle you to accumulated fees

  • Can be redeemed to withdraw liquidity

  • Should be kept safe like any crypto asset

How do I earn fees as a liquidity provider?

When traders swap through a pool, a 0.3% fee is collected. This fee is automatically added to the pool. When you withdraw, you receive your proportional share of all accumulated fees.

What is impermanent loss?

A temporary loss that occurs when token prices change from when you deposited. If you withdraw when prices have diverged significantly, you may have less value than if you just held the tokens.

Key points:

  • Called "impermanent" because it reverses if prices return to original ratio

  • Trading fees can offset impermanent loss

  • More volatile pairs have higher IL risk

Can I remove liquidity anytime?

Yes! Liquidity is never locked. Withdraw whenever you want and receive tokens proportional to your pool share.

Anchor Pools (Keeta)

What's the difference between AMM pools and Anchor pools?

Feature
AMM Pools
Anchor Pools

Fee

Fixed 0.3%

Custom 0.01%-10%

Creator

Anyone

Anyone

Competition

Within pool

Against all anchors

Network

Base & Keeta

Keeta only

How do I make money with anchor pools?

Earn fees when swaps are routed through your pool. The Anchor page automatically selects the best rate, so competitive fees and good liquidity attract more volume.

What fee should I set?

Check existing pools for your token pair. Common strategies:

  • 10-20 bps — Aggressive volume play

  • 30 bps — Standard, competitive

  • 50-100 bps — Higher margin, less volume

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 provide liquidity to my pool?

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

$BACK Token

What is $BACK?

$BACK is the native token of the Silverback ecosystem, launched through Virtuals Protocol. It provides:

  • Revenue sharing from DEX operations and trading

  • Staking rewards

  • Governance participation

How do I earn with $BACK?

Stake $BACK to receive a share of protocol revenue. Revenue from DEX fees and AI trading profits is used to buy back $BACK, which fills the staking reward pool.

Is there token inflation?

No. $BACK doesn't mint new tokens for rewards. Instead, real revenue funds buybacks that distribute existing tokens. This creates sustainable yield without dilution.

Where can I buy $BACK?

$BACK launches on Virtuals Protocol. After launch, it will be tradeable on Silverback DEX and potentially other platforms.

Technical

What wallets are supported?

Base Network:

  • MetaMask

  • Coinbase Wallet

  • WalletConnect (300+ wallets)

  • Rainbow

  • And more

Keeta Network:

  • Keythings (required)

What are the contract addresses?

See Contract Addresses for all verified contracts.

Security

Has Silverback been audited?

We conducted comprehensive pre-mainnet testing on Base Sepolia with 100+ automated tests, including edge cases like tax tokens and reentrancy attacks. All contracts are verified on Basescan and include built-in protections like reentrancy guards, deadline checks, and slippage protection. While we haven't undergone an independent security audit, our foundation is the most proven AMM design in DeFi history. Use at your own risk, as with all smart contract protocols.

What if I lose my LP tokens?

LP tokens are like any crypto asset. Losing them means losing access to your liquidity. Always:

  • Back up your wallet recovery phrase

  • Don't share private keys

  • Keep LP tokens secure

How do I verify I'm on the real site?

  • Official domain: silverbackdefi.app

  • Always bookmark official links

  • Verify contract addresses before interacting

  • Never click links from unknown sources

Need More Help?

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